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Brittany Ferries asks French government for tax break as it faces €100m loss

AMZN: STRIKEZIM: EXIT STAGE LEFTDSV: ZERO US TARIFFS IMPACT XPO: LOOKING GOODAMZN: PARTNERSHIP EXTENDEDWMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCH

AMZN: STRIKEZIM: EXIT STAGE LEFTDSV: ZERO US TARIFFS IMPACT XPO: LOOKING GOODAMZN: PARTNERSHIP EXTENDEDWMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCH

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As in air freight, reduced passenger demand is sinking ferry companies. Brittany Ferries, which makes just 25% of its revenues from freight, is asking for a French government bailout in the form of a tax break. It is already repaying a €117m loan, secured recently, and is laying up a ship and shuttering some services, reports Business Live.

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