Browsing Tag
state aid
43 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…
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…
Air France-KLM repays €1bn of outstanding state-backed loan
Air France-KLM announced the early repayment of €1 billion of the €3.5 billion outstanding on its French state-backed…
Russia allocates $238 million of state aid to airlines to cover flight refunds
The Russian government will allocate $238 million of state aid to its airlines to cover refunds for passengers…
TAP Air Portugal posts $1.74 billion loss in 2021
TAP Air Portugal recorded a $1.74 billion annual loss in 2021, the airline’s chief executive announced at a…
Berlin Brandenburg airport to receive €1.7 billion state aid
The German government has secured European Commission approval to provide Berlin Brandenburg Airport with €1.7 billion ($1.9 billion)…
Israel agrees on additional aid package for El Al Airlines
Israel’s government has agreed to provide additional financial aid to El Al Airlines to help mitigate losses caused…
Austrian Airlines repays another $34M from COVID-19 state loan
Austrian Airlines will repay another €30 million ($34 million) in state loans received during the COVID-19 pandemic, the carrier announced…
Growing more confident, Lufthansa repays $1.7B in government aid
Lufthansa (LHAB) (LHA) is growing more confident about the future, it said after announcing it has repaid €1.5…
Regional arm of Spanish Iberia to receive €9 million state aid
The European Commission gave a green light to the government of Spain to financially support Air Nostrum, the…