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Air 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 media are investigating the story in these hours, given that the size of the loan could be a novelty in the history of Iberian country. The largest public bailouts carried out by Madrid are mainly...

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Madrid, Spain, 09/24/2020 11:53
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

AirlinesPlanes 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,... more

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