Ryanair lost court battle against €10bn Spanish solvency scheme for pandemic-hit companies, approved by European Commission in 2020.

Ryanair lost a court battle against a €10bn Spanish solvency scheme for pandemic-hit companies, approved by the European Commission in 2020. The Irish airline was among several launching lawsuits against rivals receiving state aid. The Court upheld the European Commission's decision authorising the solvency support fund for strategic Spanish enterprises.