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Ryanair responds to Alitalia receiving another EUR300 million state aid
Ryanair responds to Alitalia receiving another EUR300 million state aid28-Apr-2008 |
Airline Code [RYR]
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Tags :UK, Ryanair Ryanair called on the European Commission to stop a further EUR300m state aid for Alitalia. According to Ryanair, Alitalia has already received over EUR5 billion in unlawful state aid, but the European Commission, as always in the case of flag carriers, turns a blind eye and does nothing. Ryanair stated that without such illegal state aid, Alitalia, which loses almost EUR1 million a day would have gone bankrupt years ago.
Ryanair’s Head of Regulatory Affairs, Jim Callaghan, said “Alitalia’s latest EUR300 million bailout makes a mockery of EU State Aid rules. Propping up an inefficient national airline, which would have gone bankrupt long ago is simply illegal… the Commission has still failed to take any action on Ryanair’s three year old state aid complaints about Alitalia, Air France, Lufthansa, Olympic and Volare however it is pursuing seven baseless investigations about Ryanair’s open pro competitive deals at tiny regional European airports. |
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