Browsing Tag
bailout
6 articles
Stay informed about bailouts in the aviation industry, including government financial assistance provided to airlines and other aviation-related entities.
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…
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…
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…
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.…
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…
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…