The Carlyle Group, one of the world’s top private equity firms, which portrays itself as a climate leader, published a first of its kind emissions risk declaration this year
Covid Thrusts Governments Into Cockpit With Flag Carrier Aid
Bloomberg 32 mins ago Siddharth Philip, Tara Patel and Stephanie Bodoni
(Bloomberg) Decades after being unshackled from government control, many of Europe’s largest airlines are being forced back into the arms of states by the pandemic.
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With air travel still showing no signs of recovery in the region, the carriers may have to contend with their saviors as powerful shareholders for some time to come. Air France-KLM on Tuesday became the latest to get a 4 billion-euro ($4.7 billion) bailout that will see the French government reemerge as its biggest shareholder with a stake of up to 30%. The flag bearer joins Germany’s Deutsche Lufthansa AG, Alitalia SpA, Sweden’s SAS AB and TAP Air Portugal to see a bigger state presence following aid sought to cope with one of the industry’s worst crises.
States Back in the Pilot Seat After Europe Airline Bailouts msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Covid Thrusts Governments Into Cockpit With Flag Carrier Aid
Bloomberg 1 hr ago Siddharth Philip, Tara Patel and Stephanie Bodoni
(Bloomberg) Decades after being unshackled from government control, many of Europe’s largest airlines are being forced back into the arms of states by the pandemic.
Popular Searches
With air travel still showing no signs of recovery in the region, the carriers may have to contend with their saviors as powerful shareholders for some time to come. Air France-KLM on Tuesday became the latest to get a 4 billion-euro ($4.7 billion) bailout that will see the French government reemerge as its biggest shareholder with a stake of up to 30%. The flag bearer joins Germany’s Deutsche Lufthansa AG, Alitalia SpA, Sweden’s SAS AB and TAP Air Portugal to see a bigger state presence following aid sought to cope with one of the industry’s worst crises.
States Back in the Pilot Seat After European Airline Bailouts bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.