Global Trade Alert
Global Trade Alert

Finland: State loan guarantee for Finnair (COVID-19)

Announcement

18 May 2020

In May 2020, the European Commission approved a Finnish state aid measure in the form of a loan guarantee to support Finnair from economic hardship due to 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

18 May 2020

Revocation date:

No revocation date

Updated: 18 May 2020
Loan guarantee In force

On 18 May 2020, the EU approved a Finnish state aid measure in the form of a state guarantee covering 90% of a EUR 600 million (approx USD 654 million) loan to Finnair to suppor...

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