Ryanair Airplane (Photo | AP) 
World

European Union court rejects two Ryanair challenges of airline subsidies

The General Court handed down two similar decisions two months ago in different cases involving France and Sweden.

Associated Press

BRUSSELS: A top European Union court dealt another blow to Ryanair on Wednesday and rejected the low-cost carrier's arguments that the aid Sweden, Denmark and Finland gave two other airlines to get through the COVID-19 crisis was illegal.

The Luxembourg-based EU General Court said the subsidies Denmark and Sweden granted to Scandinavian carrier SAS “comply with EU law.” It said likewise of a Finnish loan guarantee for Finnair.

The General Court handed down two similar decisions two months ago in different cases involving France and Sweden.

The EU’s executive arm, the European Commission, which polices state aid and other competition issues, has approved several aid plans for struggling airline companies in the wake of the pandemic, especially after border closures and other restrictions halted most air travel.

Ryanair had argued that the aid constituted unfair state bailouts for national carriers.

A statement from the court on the SAS ruling said it “confirms for the first time the legality of individual aid measures adopted in order to address the consequences of the COVID-19 pandemic.”

The rulings of the General Court can be appealed on points of law only.

‘Brazen attempt, challenging court’s authority’: SC slams West Bengal govt over judicial officials held ‘hostage’

Rahul Gandhi calls Himanta ‘most corrupt CM’; alleges ‘land ATM’ run by BJP leadership in Assam

Trump underestimated Iran’s resilience. Now there is only one way out of the war

India exempts critical petrochemical products from customs duty amid West Asia crisis

Trump speech: When endgame talks meet mid game reality

SCROLL FOR NEXT