They can't have received that much, they just did a share issue to cover debts. In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.
In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.
A state loan is support. Hell, the auto bailout, which you acknowledged as state support, was a loan, as was TARP.
Well, if you don't remember it, that settles it. I guess Air France received no aid after all.
They can't have received that much, they just did a share issue to cover debts. In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.
https://archive.ph/osd9t
Are the governments issuing windfall taxes going to pay them back to these companies?
Oh. That settles it then.
A state loan is support. Hell, the auto bailout, which you acknowledged as state support, was a loan, as was TARP.
Get a room you two.