The company, which has its UK headquarters in Plymouth, saw revenue sink by €267 million as the pandemic slashed passenger numbers to 752,102 in 2020 from 2,498,354 in 2019.
Despite receiving €117 million in French government-backed loans from French banks, and other regional support across the Channel, the company still needed more support. It has now been bailed out with “exceptional aid" of €45 million and has thanked French President Emmanuel Macron for coming to the company's aid.
Brittany Ferries said that for more than a year it had warned the French state of its deteriorating financial situation as it battled the Brexit and Covid crises. In particular, the closure of passenger services on the English Channel, a direct consequence of travel restrictions put in place by various European governments to control the pandemic, had a huge impact.
Diese Geschichte stammt aus der October 26, 2021-Ausgabe von The Herald.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 26, 2021-Ausgabe von The Herald.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Mercer Stresses Record Of Service Since Election
Johnny Mercer told a campaign team of more than 30 volunteers that he was proud of his record as an MP for Plymouth Moor View and would continue to put ‘country before party’, as he launched his campaign for re-election.
Operations Cancelled After Cyber Attack
Blood Transfusion Services Particularly Impacted
Purrington, Parkes, Down And Thomson To Leave Parkway
NEW Plymouth Parkway manager Chris McPhee has thanked the four players that have decided their futures lie away from Bolitho Park, writes Stuart James.
Grimshaw turns on the style in win for Tradesmans
JORDAN Grimshaw (30.67) was a 3-0 winner in magnificent fashion during a 7-4 Steve Chapman 501 League victory for Tradesmans over Beacon Park.
HECKY IS IN THE FRAME
ARGYLE SAID TO BE HOLDING TALKS WITH EX-BLADES BOSS
ARGYLE IN NO.2 TALKS
CANDIDATE IDENTIFIED TO BE ROONEY’S ASSISTANT COACH
Argyle supporters must get used to 9.5 living in Wayne's World
THE explosion of media interest in Plymouth Argyle since the appointment of Wayne Rooney as their new head coach is just a sign of things to come.
Hayman's heroics seal third for King Billy
KING Billy settled for a third-placed Plymouth City Super League Division A finish after a 6-5 win over Bluebird A, who end a distant fourth after the close encounter that was dominated by the antics of Antony Hayman.
Lights, camera, action
IF YOU'RE LOOKING TO BOOST SECURITY AT HOME, BLINK'S NEWEST PIECE OF KIT COULD DO THE JOB
Final farewell for closing pub
THE GRENVILLE SHUTTING DESPITE RESIDENTS EFFORTS
