Tag: rescue
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...
No, Lufthansa is not done with its COVID debts
Like all airlines, Lufthansa could not have survived the health crisis without massive aid. But to everyone's surprise, it was one of the first to announce that it had paid them back. But beware of easy shortcuts: this does...
Air France penalized by the EU in the long term
Air France's recapitalization by the French state was validated by the European Union only after concessions were made. While much has been said about the slots the airline has had to give up at Roissy, there is another obligation...
Where did the money that saved the airlines come from?
The COVID-19 has taken a toll on the airline economy and airlines around the world have had to call for help to survive the crisis.
In most cases the States have done the job and helped their national airlines, or...