MADRID
Air Europa gets first Covid state bailout
The government will give the struggling airline 475 million euros
E. MARTíNEz
Sábado, 7 de noviembre 2020, 11:50
Air Europa has become the first firm to be rescued by a government bailout because of the Covid-19 pandemic.
Madrid will give the struggling airline 475 million euros, a mix of a shareholding gurantee loan and a normal loan.
Ministers said that the services provided were essential and needed to be maintained.