Air France must slash domestic traffic in exchange for state guarantees

Updated: 24 May 2020 | 03:10 PM

Air France (PA: AIRF) should "radically" diminish its residential air traffic in return for state advance ensures, French Condition Priest Elisabeth Borne said on Sunday.

Local courses were served by choices as fast trains, she noted in a meeting with France Entomb radio.

The administration a month ago offered the aircraft a 7 billion euro ($7.6 billion) bundle comprised of state-ensured bank advances and advances straightforwardly from the state.

In return for the credit ensures, the carrier had vowed to decrease residential CO2 discharges by half by 2024, Borne included.

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