Court Decides State Aid For Air France-KLM & TAP Broke Rules
3 minute read
The European Union (EU) General Court has determined that state aid granted to Air France-KLM and TAP violated EU rules. Europe’s second-highest court annulled approval for the aid packages, citing a lack of justification and reasoning from the European Commission. However, the annulments and cash repayments will be suspended until further rulings are made by the European Commission.
Air France-KLM and TAP were granted a total of 4.6 billion euros ($5.6 billion) in state aid. Photo: KLM
EU General Court annuls approval of state aid
The Luxembourg-based General Court has ruled that 3.4 billion euros ($4.15 billion) in aid for Air France-KLM and 1.2 billion euros ($1.46 billion) in aid for TAP went against EU rules on state aid. Both airlines were granted large cash injections in 2020 to help them stay afloat.
EU court annuls approval of KLM, TAP aid, wants more info
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EU court annuls approval of KLM, TAP aid, wants more info
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