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Bruno Le Maire: No plans to sell stake in Air France-KLM

Bruno Le Maire: No plans to sell stake in Air France-KLM
French Economy Minister Bruno Le Maire. Getty Images
Getty Images

France has no plans for now to sell its stake in Air France-KLM and the priority is to increase the competitiveness of the group’s French unit, Finance Minister Bruno Le Maire, said on Thursday.

Le Maire was responding to comments made by Air France-KLM’s new chief executive, Canadian Benjamin Smith, who told the Financial Times in an interview published on Thursday that the French state was prepared to sell its 14 per cent stake.

“That is not one of the options on the table today,” Le Maire told franceinfo radio.”

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