Lyft Partnership – Have to Choose Travel Partner
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How long are current Global Entry renewal times?
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Norwegian pauses Rewards
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MH enrich programme changes
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Gov of Norway to support new funding round for Norwegian Air.
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Norwegian Long Haul to be closed
2
New Covid Test Requirements for AMS
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Air Europa bailout
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Grab and Marriott partnership
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You missed two big ones on Tuesday.
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Answers (1)
Air Europa bailout
Air Europa bailout
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Ben HolzWell, turns out that [URL=’https://www.reuters.com/article/health-coronavirus-spain-aireuropa/update-2-spain-approves-475-mln-euro-aid-package-for-air-europa-idINL8N2HP4NY’]Air Europa has been bailed out by the Spanish government[/URL], with a package amounting to 475M €. One of the conditions is that the government will have a say in the sale of UX to IB… and when you consider the fact that this aid package is almost as high as what IB was willing to buy UX for a couple of months ago without an extra 475M € worth of debt, you can’t help but wonder under what extreme circumstances the sale could take place.
For foreigners and frequent Spanish domestic travellers this should be good news as this should keep the Spanish market relatively competitive. That being said the bailout isn’t seen that well by many Spaniards, as the government has had multiple issues regarding financial aid to those affected by the current situation.
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