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Air France coronavirus bailout package to demand steep emissions cuts
(businessgreen, 30 Apr 2020) Finance Minister Bruno Le Maire tells French Parliament €7bn support package would require ailing airline to set goal of becoming world's most environmentally-friendly carrier.
The French government looks poised to set a high bar for countries considering attaching 'green strings' to airline bailout packages, announcing that support for Air France is contingent on it agreeing to ambitious new emissions goals.
The government announced late last week that it would offer a €7bn package of state loans and bank loans guaranteed by the state to the ailing airline.
The proposed deal formed part of a €10bn package from the French and Dutch governments to the Air France KLM group.
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businessgreen, 30 Apr 2020: Air France coronavirus bailout package to demand steep emissions cuts
