Press Release: State aid: Commission opens in-depth investigation into restructuring aid for Air Malta

Author (Corporate)
Series Title
Series Details IP/12/42 (25.01.12)
Publication Date 25/01/2012
Content Type

The European Commission has opened an in-depth investigation to assess whether a €130 million restructuring aid for the Maltese state-owned airline Air Malta is in line with EU state aid rules.

The Commission will examine in particular whether the planned measures are appropriate to restore the company's long-term viability and whether they ensure sufficient compensation for the distortions of competition triggered by the state support. The opening of an in-depth investigation allows interested third parties to comment on the measures under investigation. It does not prejudge the final outcome.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/42&format=HTML&aged=0&language=EN&guiLanguage=en
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