30 million to rescue Brussels Airlines

The Secretary of State for Mobility Melchior Wathelet (Francophone Christian democrat) has received the go-ahead from the federal government to work out a rescue plan for the Belgian airline Brussels Airlines. However, he is still waiting for the EU's approval. That's according to reports in the dailies De Morgen and L'Echo.

Mr Wathelet is proposing a mechanism which should allow Brussels Airlines to cut costs. The proposal includes a beneficial tax regime for the pilots and the cabin crew. The government also has a plan ready to lower social contributions.

Mr Wathelet still has to receive the go-ahead from the EU. The plan should cost 10 million euros at the most and should apply for a maximum of 10 years.

The measures would also apply to other Belgian airlines like Jetairfly, Thomas Cook Airlines and TNT Airways.