France, European Union close to a deal on Air France bailout: Minister

France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Finance Minister Bruno Le Maire said on Monday,

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Air France
Reuters PARIS
1 min read Last Updated : Mar 29 2021 | 1:17 PM IST

PARIS (Reuters) - France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Finance Minister Bruno Le Maire said on Monday,

"We are nearing a deal...It is a matter days," Le Maire told France Info radio, adding there could be counterparties to ensure fair competition.

 

(Reporting by Dominique Vidalon; Editing by Alex Richardson)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Air FranceFranceEuropean Union

First Published: Mar 29 2021 | 1:02 PM IST

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