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Finnair cleared for EUR600 million Covid-19 loan extension, EU watchdog says

( June 21, 2022, 10:30 GMT | Official Statement) -- MLex Summary: A Finnish government guarantee on a 600 million-euro loan to major airline Finnair will run for three more years, the European Commission said today, approving Finland's prolongation of the measure. The program was originally cleared in 2020 to tackle the air carrier's operating losses triggered by the Covid-19 pandemic. Following the approval, Finnair will now be able to extend the loan, the EU watchdog said.Statement follows. ...

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