€6.75 million voted by the plenary assembly of Région Réunion
Air Austral: new additional public aid to deal with a worrying situation
Despite considerable efforts to manage the legacy left by the management team appointed by Didier Robert in 2013 and since replaced, Air Austral still has a significant operating deficit. In 2023, €65 million was injected by its shareholders to support the airline. But this has not helped the airline to emerge from the crisis, and its situation remains fragile. This additional financial support of €6.75 million, approved by the elected representatives of Région Réunion, will be injected via (…)