Air France must reduce domestic traffic in exchange for state guarantees – Minister


PARIS – Air France will have to “drastically” reduce its domestic air traffic in exchange for loan guarantees from the state, French Environment Minister Elisabeth Borne said on Sunday.

Domestic routes were served by alternatives in the form of high-speed trains, she noted in an interview with France Inter radio.

Last month, the government offered the airline a $ 7 billion ($ 7.6 billion) package of government-guaranteed bank loans and loans directly from the state.

In exchange for loan guarantees, the airline promised to cut domestic CO2 emissions by 50% by 2024, added Borne.

(Report by Geert De Clercq; Edited by John Stonestreet)


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