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Air Europa gets first Covid state bailout
MADRID

Air Europa gets first Covid state bailout

The government will give the struggling airline 475 million euros

E. MARTíNEz

Saturday, 7 November 2020, 11:50

Air Europa has become the first firm to be rescued by a government bailout because of the Covid-19 pandemic.

Madrid will give the struggling airline 475 million euros, a mix of a shareholding gurantee loan and a normal loan.

Ministers said that the services provided were essential and needed to be maintained.

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