AIR FRANCE TOLD: SLASH DOMESTIC TRAFFIC TO GET AID
Air France must slash domestic traffic in exchange for state aid, French environment minister Elisabeth Borne said on Sunday, May 24, 2020.
In a story carried by FRANCE 24 and Reuters, Borne also told France Inter radio the airline must commit to reducing carbon dioxide (CO2) emissions to secure state loan guarantees, noting that domestic routes are served by alternatives in the form of high-speed trains.
Last month, the French government offered the airline a 7 billion euro ($7.6 billion) package made up of state-guaranteed bank loans and loans directly from the state.
In exchange for the loan guarantees, the airline had promised to reduce domestic CO2 emissions by 50% by 2024, Borne added.