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Bailout
South African government falters on SAA restructuring
Airlines

The South African government has addressed a long-awaited rescue plan for the country's flag carrier, which calls for as much as 10bn rand ($580m USD) in fresh bailout funding.

Lufthansa accepts sweetened bailout deal after further negotiation
Airlines

Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a €9 billion government bailout.

Air France bailout tied to green conditions
Airlines

The French government has tacked a number of environmental requirements to a multibillion-euro rescue package offered to the national carrier. Last week, Finance Minister Bruno Le Maire told the French Parliament that support for the airline would not come in the form of a “blank cheque”. Moreover, funding will be contingent on Air France’s willingness

Breaking: $58bn airline bailout passes US senate
Airlines

US senators voted late on Wednesday to approve a $2 trillion coronavirus rescue package for the country, which includes more than $58 billion in aid for the aviation industry.

In-depth: United warns of huge layoffs without government help
Airlines

United Airlines management and its labour unions are warning of massive layoffs if Washington doesn’t inject billions to the airline industry by the end of this month.

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