PPRuNe Forums - View Single Post - Lufthansa board reject € 9 Bn rescue plan
Old 28th May 2020, 15:09
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the_stranger
 
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Originally Posted by Denti

Even more interesting is however that france, netherlands and germany are quite willing to give their aviation sectors huge bailouts, while apparently the UK is not. Putting all UK airlines at a distinct disatvantage.
Just to clarify, the Dutch government isn't giving KLM money, they broker a loan for them at commercial banks.

Only in case of KLM not being able to pay back the loans, the government will pick up the tab. But for now there are only commercial loans (against a rather high interest, if rumours are true).
Of course the government do pose strict demands on KLM for this help.
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