EU Approves State Aid For Aegean, TUI

TUI Boeing 737-800
Credit: Rob Finlayson
The European Commission (EC) has approved a €1.25 billion ($1.53 billion) government recapitalization for German leisure-travel specialist TUI and a €120 million grant for Greek carrier Aegean Airlines. TUI Group includes five airlines, with more than 100 modern medium and long-haul aircraft. The...

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