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hatrack

(59,583 posts)
Fri Apr 24, 2020, 08:07 AM Apr 2020

EU Airlines Apply For 13 Billion Euros In Gov Aid; W. 1 Exception, Zero Environmental Conditions

Airlines in Europe have applied for €12.8bn (£11.3bn) government support since the start of the coronavirus pandemic with no binding environmental conditions attached, according to an analysis of the sector’s bailout pleas.

By Tuesday this week, airlines including easyJet, Scandinavian Airlines and Tui had secured loans and other financial support amounting to €3.36bn. A further €9.47bn is being sought by other airlines, data tracking by Transport & Environment, Greenpeace and Carbon Watch reveals.

By the time air travel came to a near halt in March, greenhouse gas emissions from the sector had reached record levels. But there are no binding environmental conditions being attached to any of the already agreed bailouts or future loans being sought. The exception is in Austria, where the transport minister, Leonore Gewessler, responded to a request for public support by Austrian Airlines (part of the Lufthansa group) by saying any bailout should be linked to climate targets.

The amounts being negotiated for bailout plans and recapitalisation are likely to increase as talks continue with some of the biggest European airlines, including Air France, KLM, Lufthansa, British Airways and Alitalia.

EDIT

https://www.theguardian.com/world/2020/apr/22/airlines-seek-128bn-in-coronavirus-bailouts-without-environmental-conditions-attached

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