May 4, 2018 / 5:54 PM / in 6 months

Air France-KLM must find its own way out of crisis, French govt says

PARIS, May 4 (Reuters) - The French government on Friday said it was up to the board of Air France-KLM to determine how the airline extricates itself from a “crisis” after its chief executive announced his resignation over a pay dispute with trade unions.

The French state is the biggest shareholder in Air France-KLM.

“It is up to the board to define how the company get itself out of this current crisis,” the French finance and transport ministries said in a joint statement. (Reporting by Richard Lough. Editing by Jane Merriman)

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