European Commission Approves Financial Aid For Finnair, TAP

The Finnish government's plan to participate in a Finnair rights issue whereby it will retain its majority stake in the flag-carrier has been allowed.
Credit: Nigel Howarth / Aviation Week
The European Commission has approved plans by the Finnish and Portuguese governments to give financial support to their respective national airlines amid the ongoing pandemic. The EC concluded that the assistance does not breach European Union state-aid rules. Portugal’s plans to grant TAP a €1.2...

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