Börse Express – ROUNDING: Paris gives aid to Air France



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France supports them due to the crisis in the Crown
Air France airline spin with
seven billion euros in loan aid. Three billion of them
Government loans and four billion bank loan guarantees,
Economy Minister Bruno Le Maire said on television on Friday.
TF1. The sister company of Air France, the Dutch
KLM, according to the Dutch government, can also participate
anticipate two to four billion euros in grants.

“We have to save our national airline,” said Le
Maire Pero: “This is not a blank check.” There is
Profitability conditions and Air France owes the airline
Be the most careful with the environment in the whole world. One
Nationalization was not planned.

The government is also working on state companies, according to Le Maire.
Guarantees for bank loans of up to five billion euros for
Renault car manufacturer . The automotive industry and a million
Jobs are at stake.

Airlines are with the collapse of the world
Aviation due to pandemic crown in severe to existential
Crisis The automobile industry is also suffering as a result of the epidemic.
Production and sales falls. Extra Help Plans
French government also for those affected by the crisis.
Restaurants and hotels and their employees. / Pog / DP / he

 ISIN  FR0000131906  FR0000031122

AXC0383 2020-04-24 / 22:28

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