Announcement
05 Apr 2021
In April 2021, the European Commission approved a French state aid measure that expands the support granted to Air France through the Air France-KLM Holding.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Apr 2021
Revocation date:
No revocation date
Updated: 05 Apr 2021
Capital injection and equity stakes (including bailouts)
In force
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 recap...
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Related State Acts
16 Feb 2023
France: Additional EUR 1.4 billion support to Air France due to the losses caused by the COVID-19 pandemic
13 Jul 2020
Netherlands: Dutch government provides EUR 3.4 billion urgent liquidity support to KLM (COVID-19)
04 May 2020
France: Approval of EUR 7 billion liquidity support to Air France (COVID-19)
19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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