Browsing Tag
bailout
6 articles
South African Airways is allocated R1 billion bailout to settle outstanding arrears
South Africa’s flag carrier South African Airways (SAA) is to receive a R1 billion ($53 million) bailout from the…
2023-02-24
Kenya starts unwinding support, cuts Sh10 billion from Kenya Airways bailout
The Kenyan government is moving forward with its plans to halt support for Nairobi-based Kenya Airways (KQ) by…
2023-02-10
Kenyan government to drop Kenya Airways bailout support by end of 2023: Report
The Kenyan government has unveiled plans to drop bailout support for Kenya Airways (KQ) by December 2023, introducing…
2023-01-23
Lufthansa repays all German government aid sooner than expected
Lufthansa (LHAB) (LHA) has repaid all the financial aid it received from the German government earlier than expected.…
2021-11-12
Dutch government freezes €3.4 billion aid to KLM
The government of Netherlands froze €3.4 billion-worth of financial aid to KLM Royal Dutch Airlines (KLM), after the…
2020-11-03
Ailing SAA gets $650M government-backed funding
The government of South Africa kept its promises and provided South African Airways (SAA) 10.5 billion rand ($650…
2020-10-29