Mercoledì, 17 Ottobre 2018

Ryanair appeal rejected on Alitalia govt loan reimbursement


Brussels, June 13 - The European Court of Justice
has rejected an appeal by low-cost carrier Ryanair, confirming a
sentence in March 2012 that rejected the airline's attempt to
force rival Alitalia's owners to reimburse a 300-million-euro
loan from the Italian government.
The sentences confirm an original 2008 ruling made by the
European Commission, which qualified the original loan as
unacceptable State aid but authorized the sale of its assets to
Compagnia Aerea Italiana (CAI), a group of Italian investors who
bought them after the Italian airline's 2008 bankruptcy.
Air France and KLM later bought some 25% of Alitalia from
CAI in 2009.

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