Posted on 04/06/2021 3:00:17 PM PDT by Olog-hai
The EU authorized the French government on Tuesday to double its stake in Air France and inject up to €4 billion into the struggling airline after the pandemic hit passenger traffic.
The agreement follows weeks of negotiations with the EU commission, which must ensure that state aid does not give companies an unfair advantage.
Air France posted a €7.1 billion loss in 2020 as its business, like that of the rest of the world’s airlines, suffered from coronavirus restrictions which all but grounded global air traffic.
In return for its green light, the commission, which is the EU’s anti-trust regulator, said Air France would relinquish about 18 slots per day at Orly, Paris’ second-largest airport after Charles de Gaulle. […]
Rival airline Ryanair, whose criticism of state subsidy for legacy airlines often finds a sympathetic ear at the European Commission, has lambasted previous French aid for Air France, saying it distorts competition.
The Irish-based low-cost carrier has long railed against the support given to national champions, and is often backed by Brussels. …
(Excerpt) Read more at thelocal.fr ...
Flew Ryanair many times. No frills for sure.
Exciting “carrier” landing in Seville, Spain
Ryanexit?
I wonder how many Hunter Bidens they have on the board of Air France.
Hmmmm! Has Ryanaire weighed in on the GA voting issue? Asking for a friend.
Next, the ____ authorized the U.S. government . . .
Flew Air France twice, they were so strict
about the carryon luggage that I would not want to
fly with them again...The second time we flew with
them, they even weighed my purse.
Air France partners with Delta. Reason enough to avoid them. Lufthansa teams with United, and British Airways and American are in bed together.
Air France and Delta have closer relations than they do other team members such as Aeroflot, Saudia, and China Southern.
Well, they did kill off the ruling elite in Atlanta in 1962 because of an overloaded plane. Per Wikipedia it looks like the official story now tries to pin it on a mechanical part that MAY have failed, but growing up, I always heard it was because the didn't make the elites weigh their luggage and the plane was significantly over weight. So I can see Air France being particularly picky about weight.
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