The European Commission has given final approval to the French government to provide the national airline Air France with additional financial support.

The French Finance Minister announced this on Sunday.

Although the minister does not elaborate on what the support package consists of, the

Reuters

news agency reports

that the French government is lending around 3 billion euros to the airline.

That amount should ease the company's indebtedness.

In return for the aid, Brussels would demand that Air France give up some of the so-called slots, or coveted take-off and landing rights at airports.

Such a requirement is not new.

For example, the German Lufthansa had to do the same last year in exchange for billions in support from the German government.

The company then gave up 24 slots at Munich and Frankfurt airports.

It is not yet known whether parent company Air France-KLM will agree with the European Commission's demand.

According to the French minister, the board of the aviation combination will meet on Monday to discuss and approve the aid package.

Air France-KLM's debt has increased by around 5 billion euros to 11 billion euros.

France and the Netherlands, both of which have an interest of about 14 percent in the airline combination, have already helped the airlines with EUR 10.4 billion in loans and a credit guarantee.

Of this, 3.4 billion euros came from the Dutch government.

The national airlines are seen as strategically important companies for the Dutch and French economy.

The Netherlands previously announced that it is still in talks with Brussels about the conditions under which KLM could receive extra financial support if necessary.