Austrian Airlines agrees state aid deal 

Following on from parent company Lufthansa receiving a bailout from the German government its subsidiary Austrian has similarly secured aid from its domestic government, according to reports by local media. Austrian Airlines reached agreement with the country’s government on loans for the airline and to keep Vienna airport as a long-haul hub, according to local newspaper Kurier. Austria’s government agency in charge of administering the COVID-19 rescue fund, COFAG, and a banking consortium led by Erste Group agreed on loans of 300 million euros over a period of six years, the newspaper said, these loans would be 90%  guaranteed by the