The European Commission has announced the opening of “an in-depth investigation” into the modified restructuring plan of Corsair International (SS, Paris Orly), to determine whether it complies with EU state aid rules and whether it can really restore the airline’s “long-term viability without additional or continued state aid and within a reasonable time period.”

In December 2023, Corsair said it had secured new funding to carry out its recapitalisation, but ten days ago it was reported that part…

Source: ch aviation
Read more: Brussels opens probe into restructuring of France’s Corsair