KLM pilots agree to pay cuts to secure bailout for airline

THE HAGUE, Netherlands (AP) — Pilots with Dutch national airline KLM say they have agreed to accept pay cuts for as long as the carrier needs a multibillion euro government coronavirus bailout. The decision Tuesday clears the way for the government to agree to free up the next instalment of a 3.4 billion-euro ($3.96 billion) lifeline to help the KLM survive the sharp downturn in air travel amid the pandemic. The package is made up of a 1 billion-euro loan and 2.4 billion euros in guarantee