Ryanair wins court docket problem in opposition to German state support for Condor By Reuters
© Reuters. FILE PHOTO: A Ryanair airplane taxis at Lisbon’s airport, Portugal September 27, 2018. REUTERS/Rafael Marchante/File Photograph
By Foo Yun Chee
BRUSSELS (Reuters) -Ryanair on Wednesday gained its problem in opposition to state support granted to virus-hit German constitution airline Condor, marking its third victory in its struggle in opposition to billions of euros in assist granted to its rivals as Europe’s second-top court docket annulled a regulatory resolution.
The Luxembourg-based Basic Courtroom, nonetheless, stated that Condor wouldn’t be required to repay the German support for now because of the COVID-19 pandemic and pending a brand new resolution by the European Fee.
“The Basic Courtroom annuls the Fee resolution approving the state support granted by Germany to the airline Condor Flugdienst on the bottom of an insufficient assertion of causes,” the Courtroom stated.
Judges stated the EU competitors enforcer had supplied insufficient causes concerning the direct causal hyperlink between the prices ensuing from the extension of Condor’s insolvency interval and the cancellation and rescheduling of its flights because of journey restrictions associated to the pandemic.
The EU government final 12 months cleared a 550-million-euro ($670 million) German state-guaranteed mortgage to Condor, saying the measure complied with the bloc’s state support guidelines.
The case is T-665/20 Ryanair v Fee.
($1 = 0.8205 euros)
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