Ryanair had challenged that decision, relating to an aid scheme amounting to €10 billion. In July 2020, Spain notified the European Commission of an aid scheme to set up a solvency support fund. The beneficiaries were (non-financial) strategic Spanish undertakings experiencing temporary difficulties as a result of the COVID-19 pandemic. That aid scheme provided for […]
Aid measures introduced by Sweden and Denmark for SAS damage
In April 2020 Denmark and Sweden notified the Commission of two separate aid measures for SAS AB, each involving a guarantee on a revolving credit facility of up to 1.5 billion Swedish kronor (SEK). Those measures were intended to compensate SAS in part for the damage resulting from the cancellation or rescheduling of its flights […]