Dutch government unveils KLM rescue plan

By |junij 26th, 2020|Air France, KLM, Lufthansa, News|

The Netherlands' national airline, KLM, is set for a €3.4 billion bailout package should it meet certain employment, financial and sustainability targets, the Dutch government announced on Friday (26 June). It still requires regulatory approval from Brussels.

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Death of an aviation giant, as A380 feels virus bite

By |maj 25th, 2020|A380, Air France, Airbus, Lufthansa, News|

Coronavirus has hastened the demise of the Airbus A380 - the world’s largest airliner - as the aviation industry scrambles to adapt to lower demand for air travel, which has essentially made the double-decker super-jumbo a plane out of time.

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KLM’s coronavirus bailout still waits for take off

By |maj 7th, 2020|Air France, KLM, News, Wopke Hoekstra|

The Dutch government’s proposed €2-4 billion aid package for national airline KLM was debated in parliament on Wednesday (6 May), but lawmakers are still divided over what strings - if any - to attach to the bailout.

Komentarji so izklopljeni za KLM’s coronavirus bailout still waits for take off

French railways on track to seek virus bailout

By |maj 4th, 2020|Air France, Bruno Le Maire, France, KLM, News, SNCF, TGV|

France’s state-owned rail company has suffered losses of €2 billion because of the coronavirus outbreak and may need government aid in order to stave off job cuts. An already-agreed bailout for the aviation industry could end up boosting demand.

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Air France-KLM gets virus bailout, green conditions still pending

By |april 27th, 2020|Air France, KLM, Margrethe Vestager, News, Wopke Hoekstra|

Air France-KLM will get a state-backed bailout of around €10 billion in loans and guarantees. But the lack of strict conditions in the aid packages announced by the French and Dutch governments on Friday (24 April) has already stoked criticism.

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France wins EU approval for airline virus aid

By |april 1st, 2020|Air France, France, Margrethe Vestager, News|

The European Commission will allow France to defer some aeronautical taxes up to two years in order to help embattled airlines, after Brussels decided on Tuesday (31 March) that the plan is in line with its new looser state aid rules.

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Air France to jettison 1,500 jobs by 2022: sources

By |februar 28th, 2020|Air France, coronavirus, News|

Air France is to cut 1,500 jobs, mostly ground staff, by late 2022, union sources told AFP  on Thursday (27 February), although the company insisted talks with labour representatives have not yet concluded.

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