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Global Trade Alert

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France: Further EUR 4 billion support granted to Air France

Description

On 5 April 2021, the EU approved a French state aid measure to recapitalise Air France through its Holding company having a total value of EUR 4 billion (approx. USD 4.7 billion). The recapitalisation...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Apr 2021

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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