# Air France

The aerial view shows parked airplanes at the airport Duesseldorf, western Germany, on May 8, 2020. (Photo by Ina FASSBENDER / AFP)
The aerial view shows parked airplanes a […]

Airlines hit wall of debt after COVID-19 grounding

The coronavirus has forced many airlines to ground their fleets and appeal for state assistance but experts fear these carriers are now weighed down by debt ahead of a return to normal service
(FILES) In this file handout photo and released by Airbus on May 29, 2019 shows Airbus commercial aircrafts on the tarmac in Toulouse as the company is celebrating its 50th anniversary. - French entrepreneur Didier Cauquil walks, concerned, through the aisles of his factory where only six machines out of 32 operate: the crisis in the aeronautical sector has brought the company to its knees, which manufactures parts near Toulouse, the headquarter for Airbus. (Photo by Jean-Vincent Reymondon / Airbus / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / AIRBUS/ MASTER FILMS/ JEAN-VINCENT REYMONDON" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS
(FILES) In this file handout photo and r […]

France pledges 15 bn euros of aid for aviation sector

France has pledged 15 billion euros ($16.9 billion) for the country's aviation industry, where thousands of jobs are on the line as the coronavirus crisis hammers the travel industry