Airline Swiss to ground half of its fleet – The National

  • Date: 15-Mar-2020
  • Source: The National
  • Sector:Defense
  • Country:UAE
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Airline Swiss to ground half of its fleet – The National

French finance ministry official also denies bailout of Air France-KLM is on the cards. Major US and European airlines have begun discussions with governments on obtaining financial assistance to weather a crippling travel slump brought on by the coronavirus, which has hobbled global travel and is threatening thousands of industry jobs.. A French finance ministry official on Saturday denied that a bailout of Air France-KLKM was being considered.. The official was responding to a report in Les Echos newspaper saying the French government was considering injecting capital into the airline as it grapples with the consequences of the coronavirus.. The three largest airlines in the US - Delta Air Lines, American Air Lines and United Airlines - are in talks with the government about potential assistance amid a dramatic drop-off in air travel demand and the newly-imposed ban on flights to the US from 26 European countries.. "We will be helping the airline industry if we have to," US President Donald Trump said on Friday.. "So far people haven't been asking but if they should be asking we want to make sure our airlines are very strong.". Delta chief executive Ed Bastian also told employees on Friday that it was