EU court annuls approval of KLM, TAP aid, wants more info

May 20, 2021 12:09:41 AM
Tag :   wants   Mo   Court   annuls   approval

EU court annuls approval of KLM, TAP aid, wants more info

The Associated Press

FILE - In this Wednesday, Aug. 21, 2019 file photo, a Ryanair airplane approaching landing at Lisbon airport flies past the Monument to the Heroes of the Peninsular War, in the foreground. A top European Union court on Wednesday, May 19, 2021 annulled the EU's approval of 3.4 billion euros in state aid for the Dutch carrier KLM but suspended its immediate application because of the impact of the COVID-19 pandemic on the industry. In a similar ruling backing a challenge from Irish air carrier Ryanair, the court also annulled the EU's decision to back state aid to the TAP Portuguese carrier for a potential total of 1.2 billion euros, but also suspended its application pending a new EU decision. (AP Photo/Armando Franca, File)

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