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Planes and carriers, 500 million to save Air Europa

Spanish government is evaluating financial aid

Half a billion is enough, at least for the moment. Air Europa could be saved by Spanish government with a loan of 500 million euros, a figure that was made public this morning, on Monday 7 September 2020, by local media. After Iberia's no to any help and to take on the carrier's debts, the yes should instead come from Josè Luis Abalos, minister of Public works. In reality it is not a sum that should...

Sr - 1231645
Llucmajor, Spain, 09/07/2020 13:49
AVIONEWS - World Aeronautical Press Agency

AirlinesAirplanes and carriers. Air Europa bailout approved

Now Spanish government will have to pronounce

Bailout is served, but another could be needed in six months: Sepi, the Spanish state company that deals with industrial holdings, officially approved in recent hours the plan for restructuring the debt... more

AirlinesAir Europa rescue could be among the largest in Spain

It would be a record for an Iberian carrier

The biggest ever, at least for what concerns Spain and a particular sector. Rescue of carrier Air Europa has been talked about for some time now (read also the article published by AVIONEWS) and the Spanish... more

AirlinesAir Europa, wages couldn't be paid on September 30

The carrier is awaiting substantial economic aid

A new alarm, yet another. As if the current complicated situation of the Spanish airline Air Europa wasn't enough, another problem is adding. In recent days, local media spread the news that there could... more

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