Just 0.38% of confirmed state aid has gone to regional carriers as of 28th August, Ishka research shows, a fraction of the billions offered to airlines globally since the beginning of the Covid-19 crisis.
Including unconfirmed state aid, this figure falls to just 0.31%. Regional carriers have received $484 million in various forms of government support through the pandemic. However, Ishka estimates that as of 28th August governments are offering $125.84 billion in confirmed bailouts or assistance measures for airlines globally.
Unconfirmed reports suggest the total tally could be as high as
Some regional carriers, however, are accessing non-airline specific government aid. “Some independent regional carriers feel ‘overlooked’ in terms of government support, with much of the support packages focusing on tier 1 and flagship airline operators”, explains Michael Brain, Regional Sales Manager at AerFin. “This (discrepancy in aid) has been most evident in the Americas and European regions”.