Finnair get €600 funding boost from government 

Finnair announced in its Stock Exchange Release on March 16 2020 that it is implementing a funding plan includes funding instruments such as available credit lines, sale and leasebacks of unencumbered aircraft and a substantial, market-based pension premium loan, with the latter yesterday receiving provisional government approval . The available credit lines included in the funding plan consist of a revolving credit facility totalling to 175 million euros which has already been raised. The statutory pension premium loan totals to 600 million euros, and it has been proposed that the State of Finland would guarantee the loan. The Finnish Government’s