Big airlines seek subsidies after Covid-19 crisis

Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document shows, stoking tensions with some low-cost carriers that are less likely to benefit from the additional funds.
Big airlines seek subsidies after Covid-19 crisis

Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document shows, stoking tensions with some low-cost carriers that are less likely to benefit from the additional funds.

Route subsidies feature on a list of financial support requests circulated among airline members of the International Air Transport Association (IATA) and seen by Reuters.

Operating subsidies would add to tax breaks, charge deferrals, loan guarantees and other forms of government support given to airlines crippled by an unprecedented near-total shutdown.

But they may also strain industry efforts to present a united front amid growing dissent over aid and its effects on competition. Ryanair’s  Lauda unit urged Vienna to withhold financial support from Lufthansa-owned Austrian Airlines.

Aer Lingus and British Airways parent IAG, and Air France-KLM declined to comment on the proposal. Germany’s Lufthansa did not respond to requests for comment.

More in this section

Budget 2022 Logo

What impact will this  year's budget have on you and your business.

IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

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

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Some of the best bits from irishexaminer.com direct to your inbox every Monday.

Sign up