Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Lufthansa subsidiary Austrian Airlines said April 29 that it needs €767 million ($833 million) in financial assistance from the state to survive the COVID-19 crisis.
Finnair will continue operating its current minimum network and keep most aircraft grounded through June after reporting heavy losses for the first quarter (Q1) because of the coronavirus crisis.
