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Industrials

Dutch government puts KLM bailout on hold over pilots' pay

AMSTERDAM (Reuters) - The Dutch government has said it will halt payments to KLM, the Dutch arm of Air FranceAIRF.PA-KLM, after the airline's pilots declined to agree to a demand their wages will be frozen through 2025, broadcaster NOS reported.

KLM had been slated to receive a 3.4 billion euros package, including 1 billion in direct loans from the Dutch government to help it survive the coronavirus pandemic.

Reporting by Toby Sterling; Editing by Peter Graff

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