European Court of Justice rules against German government's €321m bailout for charter airline Condor, due to concerns about EU law compliance.
The European Court of Justice upheld Ryanair's complaint against the German government's €321m bailout for charter airline Condor. The EU court ruled that the Commission should have launched a formal investigation into the restructuring aid and Condor's financial position, due to doubts that the state aid was compatible with EU law. Ryanair argued that the aid could enhance Condor's equity position, which the court found could raise concerns.
May 08, 2024
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