Austrian Airlines, government agree financing package - Kurier
Austria's government and Lufthansa-owned carrier Austrian Airlineson Tuesday reached agreement on loans for the airline and to keep Vienna airport as a long-haul hub, a major step forward in the rescue negotiations, daily Kurier said.Austria's government agency in charge of administering the COVID-19 rescue fund, COFAG, and a banking consortium led by Erste Groupagreed on loans of 300 million euros over a period of six years, the newspaper said.Austrian Airlines (AUA) declined to comment.
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