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" ... Italy is in the process of renationalizing perennially lossmaking Alitalia, Sweden and Denmark each provided some $151.2 million in credit guarantees to Scandinavian carrier SAS, and late last week the French and Dutch governments pledged a bailout of around $10.8 billion in state-backed loans and guarantees to Air France-KLM. Latvia is considering allocating €150 million ($162 million) into the base capital of its national airline airBaltic and the Estonian government has confirmed it is willing to inject more funds in its flag carrier, Nordica. Today, European Union competition regulators allowed German authorities to give a near $600 million coronavirus-aid package to Condor Flugdienst, a leisure airline that is fighting for survival since its former parent company, UK travel group Thomas Cook, declared bankruptcy in September 2019. ... "