Ryanair's final appeal against €150m state loan to Austrian Airlines in 2020 is rejected by EU top court.
Ryanair loses final appeal against €150m ($163m) state loan to Austrian Airlines granted in 2020 during the pandemic. Europe's top court sided with EU competition authorities who approved the loan. Ryanair had launched over 20 lawsuits against the European Commission for approving billions of euros in state aid to airlines during the pandemic, arguing it gave carriers an unfair advantage.
July 29, 2024
6 Articles