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Brussels approves state aid for restructuring plan TAP Portugal

Brussels approves state aid for restructuring plan TAP Portugal

by Richard Schuurman | Dec 23, 2021 | Airlines | 0 comments

TAP Portugal can continue its restructuring plans now that the European Commission has approved €2.55 billion in state aid the carrier from the Portuguese government. The Commission also ruled positively over a combined €178.5 million in Covid-aid. Brussels approves...
Air France-KLM redeems 500 million from state aid package

Air France-KLM redeems 500 million from state aid package

by Richard Schuurman | Dec 13, 2021 | Airlines | 0 comments

Air France-KLM is following in the footsteps of Lufthansa by repaying its loans and reducing net debt. The airline has redeemed €500 million of the €4.0 billion that was provided earlier this year by a syndicate of nine banks and guaranteed by the French state or...

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