Ryanair loses appeal against Austrian Airlines state aid
The Court of Justice of the European Union has dismissed Ryanair's appeal against a EUR150 million euro (USD162 million) state loan granted to Lufthansa Group member Austrian Airlines (OS, Vienna) during the Covid-19 pandemic in 2020. In its July 29 judgement, the Luxembourg-based court confirmed the lawfulness of the loan. It dismissed the action brought [...]