Govts scramble to prop up airlines as Covid19 forces more flight, job cuts

Australia and Taiwan joined governments offering financial aid to airlines, while authorities in Europe rushed on Wednesday to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus puts the brake on travel.

The scramble to bail out carriers came as Italy once again rescued Alitalia, with Rome taking control of the airline and shelving a sale process for the perennially loss-making carrier. European Union transport ministers discussed potential help following calls from the airline sector for.....

This article is no longer available in our repository.

There could be multiple reasons for this.