Which EU governments agreed on aid?
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Which EU governments agreed on aid?
Hi there,
Any info on which governments in the EU have already agreed on aid to the airlines, and on what conditions?
Thanks.
Any info on which governments in the EU have already agreed on aid to the airlines, and on what conditions?
Thanks.
Denmark and Sweden are bailing out SAS with a 2BN DKK loan guarantee, and a further promise they'll "do what it takes" to get the airline through the crisis. The vast majority of staff have been sent home with up to 30K DKK of their monthly salary paid by the state, the balance by the company.
The Netherlands and France have agreed they'll do what it takes to keep AF/KL afloat, and the German government has done the same with Lufthansa. Apart from Lufty employees going on "kurzarbeit", I don't know the terms.
The Netherlands and France have agreed they'll do what it takes to keep AF/KL afloat, and the German government has done the same with Lufthansa. Apart from Lufty employees going on "kurzarbeit", I don't know the terms.
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According to the press Easyjet have secured a £600m bailout. I believe it to be a loan on competitive terms.
Last edited by Wing Commander Fowler; 8th Apr 2020 at 08:10. Reason: added "loan"
