Browsing Tag
state aid
44 articles
Topics related to government financial support provided to airlines or other entities within the aviation industry.
Avianca fights for over $2 billion financing
The Colombian airline Avianca (AVHOQ) (AVH) announced that it has secured commitments for debtor-in-possession financing for over $2…
2020-10-22
Ryanair to take six airlines to European Court of Justice
Ryanair has appealed to European Court of Justice, challenging state aid given by their respective countries to SAS,…
2020-10-22
New lifeline for Alitalia: EU approves €200 million aid
The European Union (EU) Commission has approved a grant worth €200 million for Italian flag carrier Alitalia. The…
2020-10-22
South African government says it is committed to financing SAA
The bankruptcy administrators of South African Airways (SAA) were told that the government was committed to provide 10.5…
2020-10-22
US aviation contractors fired staff despite getting aid
Thousands of workers were fired or put on involuntary leave after aviation contractors in the United States were…
2020-10-12
US airlines: battle for government money dissected
On October 1, 2020, CARES act expired, and U.S. airlines – including American Airlines (A1G) (AAL) , Delta…
2020-10-06
Austrian Airlines to receive €600 million state aid package
Austrian Airlines, the flag-carrier of Austria, announced that it will be getting a sum of €600 million euros…
2020-06-09
Germany pledges €550M lifeline to ailing Condor
Condor, a former subsidiary of the bankrupt Thomas Cook group, says the German government has pledged to give…
2020-04-27