Air France to halve emissions in bailout deal

Air France to halve emissions in bailout deal

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Air France has promised to halve its domestic emissions of carbon dioxide in the next four years, in return for state loan guarantees to survive the damage caused by coronavirus.

France has offered the airline a package of loans worth more than $7 billion (£5.7 billion), France’s minister for ecological transition said.

Elisabeth Borne told a French public radio station that Air France would have to drastically reduce domestic flights, on routes that you can travel by rail in less than two and a half hours.

Borne also announced a proposed 5 billion euro (£4.4 billion) state loan to Renault. However, the deal has not been signed off yet as the car maker still needs to agree to stop developing production capacity abroad.

https://www.buzzfeed.com/atasehirli1905

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