EU Court Annuls French Pandemic Aid to Air France-KLM
Ryanair and Malta Air win case, arguing the aid was contrary to EU law.
- The European General Court annulled the approval of a pandemic state aid program for Air France-KLM, which had been challenged by Ryanair and Malta Air.
- The court ruled that the European Commission 'erred' in approving the French government's financial aid for Air France-KLM, which has since been reimbursed with interest.
- Ryanair and Malta Air argued that the measures were 'contrary to EU law' and that the commission had 'incorrectly defined the beneficiaries'.
- Ryanair called the ruling 'a triumph for fair competition and consumers across the EU.'
- Air France-KLM said it will study the judgments and assess their implications, considering whether to lodge an appeal before the Court of Justice of the European Union.