TagsAids

Tag: Aids

Rescuing an airline pays off!

Much has been written about state aid to airlines during the COVID period, but governments ended up with substantial profits. 4 billion in guaranteed loans for Air France (plus 3 billion in shareholder loans from the government), 9 billion for...

Lufthansa’s bailout during COVID illegal according to the courts: what collateral damage for the sector?

The European Court of Justice ruled that the aid granted by the German government to Lufthansa during the COVID was illegal and that the European Commission had not properly checked the conditions of its validity. Even though COVID is...