The European Commission (EC) is between a rock and a hard place with more European airlines turning to their governments for financial support. It can either strictly apply its state aid rules and risk more bankruptcies, or the EC can compromise its tough stance and help struggling carriers to survive. The latter is the preferred approach of politicians, who want to preserve national carriers and avoid bankruptcies in a continent battered by economic contraction, austerity measures and ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Government Support To Europe‚Äôs Airlines Increasing As Losses Mount".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.