Spanish regional carrier Air Nostrum made an early repayment of €20 million to SEPI on 29 December, returning funds it accessed during the COVID-19 pandemic. The repayment is part of the airline's wider financial restructuring and reduces state exposure from pandemic support arrangements.
Discovered |
Briefing
Air Nostrum's early repayment of €20 million (about $23.5 million) to SEPI on 29 December materially reduces Spain's pandemic-era liability and signals concrete progress in the carrier's financial cleanup; see this context on Madrid's broader approach to settling airline support: https://hype.aero/?story=f4722ab0-acc7-45d4-b81f-a2a788a1f590
The move occurs alongside stronger financial indicators for Spanish carriers — including Volotea's forecasted €190m EBITDA for 2025 — suggesting improving market conditions that allow airlines to pare back or exit state-backed support: https://hype.aero/?story=c2bf0f04-5010-490e-bb6b-03d00111a858
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Spain’s Air Nostrum repays $23.5mn from COVID-era loan • ch-aviation
(ES) Air Nostrum financial restructuring • airgways.com
