Brussels Approves $197M Restructuring Aid For Corsair

Corsair A330-300
Credit: Rob Finlayson
The European Commission (EC) has approved €167.8 million ($197 million) in French restructuring aid to long-haul airline Corsair under EU state aid rules. The aid includes an €80 million write-off on loans that were approved by the EC in December 2020 and €87.8 million of additional financing. The...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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