Global Trade Alert
Global Trade Alert

France: Restructuring aid to Corsair (COVID-19)

Announcement

11 Dec 2020

In December 2020, the European Commission approved a restructuring aid measure from France to support airline Corsair in the context of the COVID-19 pandemic. 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Dec 2020

Revocation date:

No revocation date

Updated: 11 Dec 2020
Capital injection and equity stakes (including bailouts) In force

On 11 December 2020, the EU approved a French EUR 80 million (USD 96.9 million) restructuring aid in the form of soft and participating loans in favour of Corsair. The objective was to bring the co...

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