Air Austral Livestage Help
Air Austral Livestage Help
The financial situation of the Reunion company worries and mobilizes local elected officials. Thus, the State grants rescue aid to Air Austral for a sum of 20 EUR million. This aid was approved on Tuesday 18 January 2022 by the European Commission.
Airlines and the Covid crisis
Since, many weeks, the financial situation of Air Austral worries and mobilizes elected officials in Reunion.
Air Austral is a victim like all airlines of the Covid crisis and drastic reductions in its flight plans in view of border closures and outbreaks of contamination.
The fragility of the company has therefore increased to the point of having to ask for help. Unfortunately the financial situation of the Réunion Regional Council, heavily in debt, did not allow, This time, to replenish the airline's coffers in cash.
The French State comes to the aid of Air Austral
The French State was therefore called for help. To the extent that massive aid had been granted to Air France, it seemed difficult for the Government not to join in the round of discussion regarding another French airline.
Tuesday 18 January 2022, the European Commission has approved the grant rescue aid amounting to 20 million euros in favor of Air Austral, strongly impacted by the persistence of the pandemic and its consequences.
Relief
Marie-Joseph Male, Chairman and CEO of Air Austral thanked the French State “ On behalf of Air Austral and all of its staff, I would like to thank the French State, but also our reference shareholder La Sematra, as well as our partners for their constant support in this difficult period. »
She added that “ this help is a huge relief for the people of Reunion but also for the people of Mahor because if the airline were to disappear, Mahorais isolation would be total.
This is a first step in the work started several months ago, but also encouraging which allows us to approach a year 2022 decisive for us. »
Air Austral et Corsair
On the side of the merger with Corsair, for now, the file is still under discussion between the Sematra, the main shareholder of Air Austral, in other words the Réunion Region and the State.
As stated by the CEO of the company, a first step has perhaps been taken, but all is not yet won, 2022 will be a pivotal year.
Travel to Madagascar
Currently, There are two weekly flights between Reunion and Madagascar every Tuesday and Friday by Airbus A220 with Air Austral.
The company wishes to offer a third frequency per week as soon as possible.
The ticket price is from 701 Euro one way – return in economy class. On his website, the company informs that tickets are modifiable (possible price difference applicable) and refundable. And this, whatever price you choose.
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