Question: How much was the company granted in public finance support (state aid) because of the COVID-19 pandemic ?
Answer:
1.24B
Euro
13054142
Lucia Ixtacuy
Finnair Plc
2020
Unverified

pg. 1

"Finnair

€1,237,000,000 BAILOUT AGREED/ €63,000,000 UNDER DISCUSSION

The government provided guarantees to 90% of a €600m loan, then the parliament approved a mandate of up to €700m for recapitalisation arrangements. €286m were used for direct recapitalisation and €351m for a hybrid loan, both agreed by the European Commission. A further €63m of public money is still available."

https://www.transportenvironment.org/challenges/planes/subsidies-in-aviation/bailout-tracker/

Manali Rana.....2022-07-21 06:04:44 UTC

Aid Type : Credit guarantee, recapitalisation, loan

Manali Rana.....2022-07-21 06:16:36 UTC