States Are Back in the Cockpit After Europe Airline Bailouts
Covid Thrusts Governments Into Cockpit With Flag Carrier Aid Bloomberg 32 mins ago Siddharth Philip, Tara Patel and Stephanie Bodoni (Bloomberg) -- Decades after being unshackled from government control, many of Europe’s largest airlines are being forced back into the arms of states by the pandemic. Popular Searches With air travel still showing no signs of recovery in the region, the carriers may have to contend with their saviors as powerful shareholders for some time to come. Air France-KLM on Tuesday became the latest to get a 4 billion-euro ($4.7 billion) bailout that...
Source: msn.com