Greece To Award Aegean Airlines €120m in State Funding

MIAMI – During a press conference today, Greek government spokesman Stelios Petsas announced that the state would soon award €120m in funding to Aegean Airlines (A3) to help get the airline through this difficult, pandemic-ravaged year.

According to greece.greekreporter.com, private interest in the scheme to help fund the famous Greek airline will also take place. the company’s own shareholders will donate an additional €60m from private grants to A3.

Petsas said the government would support the carrier through a comprehensive plan based on an equitable burden-sharing scheme between state and private shareholders. The aid comes as A3 has been hit by read more ⇒

Source:: “Airways Magazine”

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