AIR NOSTRUM
AIR NOSTRUM is seeking €103m in loans from fund managed by SEPI to offset losses due to COVID-19 and forecast of slower recovery than originally expected; it lost €129m in 2020. It estimates it will take seven years to repay the loans.
Subscription Required
AIR NOSTRUM is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.