May 4, 2018 / 5:58 PM / 7 months ago

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

The empty podium is seen after Jean-Marc Janaillac, Chief Executive Officer of Air France-KLM Group, attended a news conference to announce his resignation in Paris, France, May 4, 2018. REUTERS/Charles Platiau

PARIS (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 (AIRF.PA).

“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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