New chapter in never-ending saga: EU approves €73M aid for Alitalia
EU Commission approves €73 million state aid for Alitalia arguing that the aid is proportionate to the airline’s significant operating losses....
EU Commission approves €73 million state aid for Alitalia arguing that the aid is proportionate to the airline’s significant operating losses....
While negotiations are chugging on, the European Commission has put forward a proposal to ensure basic air connectivity and measures to ensure the safety of aviation between the UK and EU....
PIA was removed from the list of banned airlines in the EU territory. However, the airline did not receive permission to restart its operations....
The European (EU) Commission has approved the state aid of €19.3 million (RON94 million) for TAROM, the Romanian airline, as compensation of losses caused by the COVID-19 outbreak, announced EU Commission Press on October 6, 2020....
The European Union (EU) Commission has approved a grant worth €200 million for Italian flag carrier Alitalia. The aid should resuscitate the airline and help alleviate the consequences of COVID-19. However, financial struggles had tortured the airline long before the pandemic began....
Lufthansa and the German government reached an agreement on a €9 billion rescue plan. The state would acquire 20% of the capital of the airline giant, thus becoming its main shareholder. But to ensure fair competition, the European Commission might come after some of Lufthansa’s most prized assets....
The European Council approved the measure to temporarily waive the use-it-or-lose-it slot rules within the European Union. The measure still needs to be approved by the upper bodies of the EU....
Boeing-Embraer tie-up is moving forward, as the European Union regulators have once again restarted the investigation into the joint-venture. A decision is set to be announced on April 6, 2020....
The European Union has appealed the judgment by the World Trade Organization in the dispute with the United States on public aid to Airbus....
The Council of the European Union approved the Twister multi-role interceptor project that should be implemented within the framework of the Permanent Structured Cooperation (PESCO). The program, regrouping five European countries, aims at countering the emerging threat of hypersonic weapons....