State aid for US airports and manufacturers approved, airlines next?
On February 10, 2021, US lawmakers approved a plan to provide financial aid to the country’s airports and…
state aid
43 articles
Topics related to government financial support provided to airlines or other entities within the aviation industry.
US airlines getting closer to additional $14 billion aid
On February 10, 2021, the United States House Committee will meet to discuss a $14 billion plan to…
UK’s aviation industry pleads for help
In a letter to the United Kingdom’s Prime Minister Boris Johnson, Britain’s airlines, airports and aviation manufacturers asked…
Singapore’s aviation to receive $64 million from government
To support the recovery from the coronavirus crisis, the Singapore government will provide an additional $64 million (S$84…
New chapter in never-ending saga: EU approves €73M aid for Alitalia
The never-ending saga of Alitalia’s attempts to get out of its financial troubles has a new chapter. European…
Trump signs relief bill: $15 billion aid for US airlines
On December 27, 2020, the US president Donald Trump signed the $900 billion stimulus package that would provide…
US Congress agrees on $15 billion aid package for airline industry
On December 20, 2020, the US government reached a final agreement on a relief deal which would provide…
Finland to help Finnair with €400 million hybrid loan
The Finnish government plans to support the national flag-carrier Finnair granting an unsecured hybrid loan of up to…
US airlines in line for $17 billion state aid
Under the new coronavirus relief package, the struggling US carriers would get $17 billion in U.S. government aid. …
US Senate to set aside additional $17 billion to help airlines
In a bipartisan proposal for coronavirus aid of $908 billion, the US Senate has set aside $17 billion…
Greenpeace asks Dutch court to stop KLM bailout
Environmental organization Greenpeace asked Dutch court to halt the bailout package for KLM Royal Dutch airlines, arguing that…
Vietnam Airlines wins state favor, gets approval for $530M aid
After months of waiting for the decision, Vietnam Airlines received comforting news from the government of the country.…
Norway government cuts financial support for Norwegian Air
The Norwegian government will not provide additional financial support to its largest airline. Hard-hit by the coronavirus crisis,…
Nordica receives approval for €30 million state-aid package
Nordica, the national air carrier of Estonia, received approval for governmental support which would include a state-guaranteed loan…
Government denies approving $242 million loan to AirAsia Group
The Malaysian Ministry of Finance denied a media report claiming that the government of the country has granted…
Air New Zealand to draw into $900 million state loan
Air New Zealand has started tapping into a $900 million state standby loan from the government and has…
Family ties & state money: Avianca’s loan raises disputes
Colombia’s flag carrier Avianca (AVHOQ) (AVH) has almostly lost hope of getting up to $370 million state loan,…
Avianca fights for over $2 billion financing
The Colombian airline Avianca (AVHOQ) (AVH) announced that it has secured commitments for debtor-in-possession financing for over $2…