Airlines face reckoning as government help comes with strings attached
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OSLO/SYDNEY (Reuters) - Shattered airlines were left counting the cost of government support as countries from the United States to New Zealand set out conditions for bailouts needed to absorb the shock of the coronavirus pandemic.Conditions include provisions that loans may convert to government equity stakes, while U.S. airlines cannot increase executive pay or provide "golden parachutes" for two years.In a move that would provide more immediate relief to the broader industry, Brussels agreed..