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The Lufthansa already negotiating, rival Air France KLM It is one step further. The airline receives billions in government support for the coronavirus crisis France cast Holland. French economy minister Bruno Le Maire announced on Friday night for the national airline Help package from 7 billion euros.
Of these, 3 billion are government loans and 4 billion bank loan guarantees, the economy minister said on the television station. TF1. “We have to save our national airline,” said Le Maire. “This is not a blank check.”
Environmental regulations
But there are conditions associated with aid that the air France “the greenest airline on the planet”. The minister did not provide any details at this time.
Nationalization was not planned. The government I am also working on state guarantees for bank loans of up to five billion euros for the automaker Renault.
Dutch finance minister Wopke Hoekstra in turn gave aid of up to four billion euros to KLM known. Details have yet to be resolved, he said.
