Ryanair filed greater than 20 lawsuits with the EC concerning the approval of presidency subsidies for airways throughout the coronavirus disaster. The corporate claims that different airways acquired an unfair benefit because of this help.
Ryanair’s lawsuit concerning the approval of assist for Austrian Airways in 2021 has been rejected by the Normal Courtroom, which is the second highest courtroom within the EU. Ryanair subsequently appealed towards this choice to the next degree, ie to the Courtroom of Justice. However he rejected the declare on Monday.
“The Courtroom confirms the validity of the €150 million mortgage that Austria gave to Austrian Airways in the summertime of 2020,” mentioned the judges. This choice is ultimate and can’t be appealed, Reuters wrote .
A lot worse than anticipated. Ryanair’s revenue fell by virtually half
Financial
2024-07-29 11:02:17
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