easyJet announced a five-year loan facility, worth £1.4 billion ($1.91 billion), with banks underwriting it and UKEF partially guaranteeing it. Some describe it as a bailout, as it gives the airline valuable liquidity. And they are not the first UK airline to receive...
On Saturday the Netherlands government decided to freeze a planned bailout worth € 3.4 billion, as KLM pilots refuse a wage freeze until 2025. The pilots have already agreed a freeze to 2022 for previous bailouts. On Friday, KLM had called on its unions to agree to...
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