European Commission Launches Corsair Restructuring Probe

Corsair
Corsair can no longer fly to its U.S. destinations such as Miami.
Credit: Joe Pries
The European Commission (EC) has launched an in-depth investigation into whether planned amendments to Corsair’s restructuring plan by the French state are in line with EU state aid rules. An initial restructuring plan, involving restructuring aid worth €106.7 million ($114.8 million) and...

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