Airlines are to be offered €5m in financial aid to help in the recovery of the Canary Islands tourism sector.
Airlines are to be given financial incentives in a bid to help Canary Islands tourism rebound from the Covid-19 pandemic. Subsidies to the value of €5 million are being made available to recover air connectivity to the archipelago to help attract more visitors back. This is separate to the €203million aid package on offer by the Spanish government for the recovery of La Palma due to the ongoing volcanic eruption.
The aid is being offered to any airline that operates commercial air transport from any part of the Spanish territory, the EU, or third state to any of the island’s airports.
The grant is available for flights scheduled to arrive by the end of the year. Applications are to be made to the Canary Islands government website with 15 business days from the announcement on Wednesday, October 6.
The total subsidy granted to airlines will be calculated on a per passenger seat basis, with up to €6 available in the case of international flights and up to €3 for Spanish domestic flights. The maximum threshold that each company can claim from the government within the framework of the subsidy amounts to a total of €600,000.
“After the outbreak of the pandemic, the return to normality hasn’t been easy as a result of travel restrictions. The airline companies face a difficult financial situation thanks to a lack of activity, so it is to be expected that their focus will now move to the most profitable routes.
“For this reason, Canary Islands Tourism is prioritising a system of aid that compensates for the archipelago’s disadvantages in attracting air traffic and that helps increase access for national and international visitors,” said Canary Islands tourism, industry, and commerce minister Yaiza Castilla.
Read more: La Palma volcano
Lava from the erupting volcano on Spain’s La Palma Island has now reached the Atlantic Ocean, raising fears of toxic gases being released and further explosions.
Clouds of white steam were seen rising as a red-hot current made contact with the water in the Playa Nueva area.
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