States rush to prop up airlines

Australia and Taiwan have joined the growing number of governments offering financial aid to airlines, while authorities in Europe rushed to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus pandemic puts the brake on travel.

States rush to prop up airlines

Australia and Taiwan have joined the growing number of governments offering financial aid to airlines, while authorities in Europe rushed to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus pandemic puts the brake on travel.

The scramble to bail out carriers came as Italy once again rescued Alitalia, with Rome taking control of the airline, and shelving a sale process for the perennially loss-making carrier.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited