Aviation industry loans
Aircraft have barely been seen in the sky since the Corona crisis. This affects companies in the aviation industry. They should be supported with loans.
Flight operations collapsed due to the Corona crisis. Several Swiss aircraft are therefore parked in Dübendorf.
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–There is hardly anything going on at Zurich Airport either.
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–In the corona crisis, Swiss is transporting medical goods on the seats instead of people.
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–Now the airline is to be supported with CHF 1.5 billion.
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–Operations near the airport are said to receive around CHF 0.5 billion.
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–The loans are to come from the banks, the federal government is providing guarantees and sureties.
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Air traffic has slumped, the aircraft remain on the ground. This puts the airlines, airports and other flight-related companies in financial need. The Federal Council has announced aid from which the airlines Swiss and Easyjet as well as the three national airports and near-flight operations are to benefit. The aim is to maintain the “important infrastructure”.
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Now the rescue package for Swiss aviation after secret negotiations over the weekend, like that “Daily scoreboard” reported. The results would be released on Wednesday. Accordingly, Swiss is to be supported with CHF 1.5 billion. These are loans from banks, the repayment of which depends on future Swiss profits. As with emergency loans for other companies, the federal government does not help directly with money, but through guarantees and guarantees.
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Legislative change for near-flight operations
Around 0.5 billion Swiss francs are earmarked for flight-related operations. It should have been ensured that the money was only used in Switzerland. According to the report, it should still take some time for the money to flow to near-flight operations. This requires an amendment to the law that has to be approved by Parliament. When asked by the newspaper, Skyguide and Swissport announce that they still have sufficient liquidity. Gategroup does not want to express itself.
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Negotiations are not yet complete. In particular, there are still guarantees for the future fleet size of Swiss.
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