• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Domestic Affairs

Airlines protests against Flybe bailout, view it as dishonest advantage

15th January 2020

Airlines protests against Flybe bailout, view it as dishonest advantage Pin It

IAG Airline group has filed a complaint to the European Union about the rescue of airline Flybe. The parent company of British Airways, Iberia and low coster Vueling, among others, believes that state bailout line is unlawful. The British government provided an emergency credit to Flybe.

Thanks to this loan, Flybe, which has 75 aircraft and around 2,000 employees, can continue to operate as normal. IAG CEO Willie Walsh has previously called that emergency loan “abuse of public funds.”

Flybe had been in financial trouble for some time and was also on the brink of collapse last year. The airline usually flies from smaller British cities and was therefore seen as essential by the British government.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Just Eat and Greggs…

In IT, Innovation and Startups

Just Eat and Greggs cooperation was a success, will continue on larger scale

View Post

Next Post

F45 plans to go public

In IT, Innovation and Startups

F45 plans to go public

View Post

In Money Matters

EasyJet wants to make COVID-19 test for the crew mandatory

View Post

Boris Johnson

In Domestic Affairs

Boris Johnson comes with the long roadmap from the lockdown

View Post

In Money Matters

Moody’s expects lower bounceback for Eurozone and Britain

View Post

In Money Matters

EU zone economic confidence reaches 93.4 with the reasons for euphoria still to uncover

View Post

Newsletter

Latest News

View

Alex Salmond causes unrest in troubled Scottish government

27th February 2021

View

Flat opening on Friday US markets

27th February 2021

View

IAG advocates the digital ‘testing and vaccination passports’ for passengers

26th February 2021

View

EU zone economic confidence reaches 93.4 with the reasons for euphoria still to uncover

25th February 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]