bailouts
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EUROPE & CIS: Euro airline chiefs appeal to EC
A delegation of chief executives representing Europe’s major airlines met with European Commission transport commissioner and commission VP Antonio Tajani in July to emphasise the depth of the crisis facing European air transport. The Association …
01 September 2009
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Hainan Air to get $440 million bailout
Hainan Airlines is set to get a capital injection of US$440 million from its parent company and the Hainan provincial government by selling them new shares, according to Dow Jones. Hainan Airlines' debt-to-asset ratio will fall to around 81 per ce…
22 May 2009
