Dutch national carrier KLM confirms that it is holding "exploratory talks" with the Netherlands Government over the sale of part of the state's 38.2% stake in the group. Although KLM is struggling to contain costs, which has put pressure on its share price, the group points to the underlying strength of its balance sheet. KLM stresses that the talks are at an "early stage" and will not comment on whether it would itself buy back part of the Government holding.
Source: Flight International
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