The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM to provide urgent liquidity to the company in the context of the coronavirus outbreak. The measures were approved under the...

More than one month ago Austrian Airlines announced that it had reached an agreement on a EUR 600 million coronavirus rescue package with the Austrian Federal Government and its owner Lufthansa. Last week the shareholders of the Lufthansa Group approved the stabilization package of the owner. Today ...

Following today’s (Tuesday 9 June) news that the French Government promised a €15bn rescue package to the aerospace industry; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the decision: “By European standards, France...