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Air Austral, based in the French overseas department of La Réunion, will once again receive a state-guaranteed loan of 20 million euros. This was published in the Official Gazette of the Republic of France. The government is now using this provider for the third time
The Government of Israel intends to provide further financial assistance to the carriers El Al, Arkia and Israir. These are loans with a bullet term of two years. According to a report from the local
The General Court of the European Union has declared the state aid granted by the EU Commission for the Greek Aegean Airlines to be inadmissible. The competition watchdogs had insufficiently examined the financial situation of the carrier. The EU court ruled under
According to company boss Dieter Vranckxs, the airline Swiss paid back part of the state-guaranteed loan in July 2021. The manager told RTS that 50 million francs had been transferred. He stated that that
The Latvian government intends to take Air Baltic under the wings with a further 90 million euros. The Council of Ministers took the relevant decision on Tuesday. The approval of the EU Commission has yet to be obtained. The carrier
The fact that the Spanish government was providing financial support to Plus Ultra, which specializes in ACMI and charter flights, through the state fund Sepi, enraged the opposition. Even complaints against officials of the fund were made.
The Indian state is helping Spicejet and Go First with emergency guarantees for bridging loans. Aviation Minister Kumar Singh confirmed this in response to a parliamentary question. Accordingly, India guarantees Spicejet for the equivalent of 17,1
The EU Commission is initiating an in-depth investigation into state aid worth around 3,2 billion euros for TAP Air Portugal. The emergency loan contained therein in the amount of 1,2 billion euros was waved through again. The court
The Spanish airline Albastar has applied for financial support in the amount of 25 million euros from the state fund Sepi. This sum is needed to stabilize the company's liquidity, reports the daily El
The city of Bremen will again take the local airport under the wings due to the corona pandemic. The airport posted a loss of around 20 million euros last year. This year, too, is expected
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