All state aid for Air France, Lufthansa and Alitalia
Different treatments for Air France, Lufthansa and Alitalia at the time of Covid: this is how the European Commission moved
State aids, authorized by the EU Commission, for the airlines at the time of Covid-19 fly at different rates. If Air France managed to obtain high-altitude contributions, Alitalia, already in crisis before the arrival of the coronavirus, has obtained only compensation for the damage suffered by the restrictions.
The disparity, however, does not appeal to the top management of Alitalia. All the details.
AID TO AIR FRANCE AND LUFTHANSA
By adding together the grants, incentives, soft loans and capital interventions, Air France managed to obtain aid for 396.6 euros per customer in 2020, according to Corriere della Sera . During the first phase of the pandemic, Air France obtained 7 billion in aid and the deferral of the French airport tax . In recent days, the European Commission has also approved France 's plan to grant up to 4 billion euros for the recapitalization of the company.
The aid reaches 380 euros per customer for the German Lufthansa. From the German government, in full pandemic, the airline received a good 9 billion euros, in exchange for a 20% share. The Finnish Finnair took home € 354.4 per passenger, while the Dutch KLM, which is part of a group with Air France, obtained € 302.8, obtaining aid for 3.4 billion.
The Portuguese Tap took home € 226.8 and the Latvian Air Baltic 186.6 per passenger.
AID TO ALITALIA
Figures much higher than those granted to Alitalia. Which has obtained the blessing of Brussels for a total aid of 297.2 million euros, or 47.1 euros of compensation per traveler.
THE LATEST AID GRANTED TO THE ITALIAN CARRIER
In recent weeks, the European Commission has authorized the Italian government to allocate 24.7 million euros of public aid to the company, less than half of the aid that the Minister for Economic Development, Giancarlo Giorgetti was ready to grant, 55 million euros.
THE DISPARITY
What causes the different treatment? According to the EU Commission, the Corriere reports , the "disparity" of aid granted is due to the pre-Covid health of the individual carriers. The most profitable ones, including the French and German companies, were able to receive support under the temporary framework for state aid. Companies whose accounts were already faltering before the pandemic, on the other hand, were only compensated for the damage suffered by the restrictions.
ZENI AGAINST EU DECISION
An explanation, however, that it is not enough and does not convince Alitalia, in recent months also experiencing great difficulty in paying salaries to employees. For Giancarlo Zeni, general manager of Alitalia, the different help is not justified, because Covid has affected carriers in the same way.
THE WORDS OF GIORGETTI
Giancarlo Giorgetti, Minister for Economic Development, also dislikes the EU decision on the matter, speaking at a webinar of the Luiss Business School, he said : "What is granted to Lufthansa and Air France is not granted to Alitalia".
And “I have Alitalia workers outside” protesting, Giorgetti adds.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/tutti-gli-aiuti-di-stato-per-air-france-lufthansa-e-alitalia/ on Mon, 19 Apr 2021 14:26:04 +0000.