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France: Approval of EUR 7 billion liquidity support to Air France (COVID-19)

Description

On 04 May 2020, the EU approved a EUR 7 billion (approx. USD 7.7 billion) French aid measure to Air France in the context of the COVID-19 outbreak. The measure is composed of two elements: (1) a State...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 May 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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