EU Court Rules Against KLM, TAP State Aid

TAP Air Portugal A321LR
Credit: Airbus
The Luxembourg-based European General Court on May 19 rescinded a total of €4.6 billion ($5.5 billion) of European Commission-approved state aid granted to KLM and TAP Portugal. “The General Court annuls the [European] Commission’s decision to approve the Netherlands financial aid for KLM (€3.4...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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