European Commission Approves Finnair Aid

Finnair Airbus A330-300
Credit: Rob Finlayson
The European Commission (EC) has approved a state loan to another European flag-carrier as a result of the coronavirus pandemic wreaking havoc on airline finances. The EC has approved a loan of €351.4 million ($418.8 million) to Finnair, declaring it to be within EU state aid rules. Finland notified...

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