A Guide to $85 Billion in Global Airline Bailouts

A Guide to $85 Billion in Global Airline Bailouts

Some 80% of flight capacity remains idled by the coronavirus pandemic. Some 80% of flight capacity remains idled, while a rebound in China has stalled, leading the International Air Transport Association to suggest the recovery will be a tortuous one.. State Aid: The airline is being nationalized, with the government set to take full control in June.. State Aid: The biggest U.S. carrier has secured $5.8 billion dedicated to payroll support and is negotiating terms for a separate $4.75 billion federal loan.. Share Price: Air China is down 29.6% this year, China Southern down 26% and China Eastern down 25%.. State Aid: Atlanta-based Delta will receive $5.4 billion in U.S. payroll aid.. Jobs: More than a third of Delta's workforce, or 37,000 people, have taken unpaid leave ranging from 30 days to one year.. Share Price: Delta shares were down 56% for the year as of April 30.. State Aid: Dubai has said it will provide financial support for Emirates.. Share Price: Norwegian Air has slumped 86% so far this year.. State Aid: Europe's biggest discount airline hasn't sought state support and says no other carrier should get it either.. State Aid: Expects to get $5 billion in U.S. grants