Ryanair Loses EU Court Ruling Over Finnair Covid Bailout
This article is for subscribers only.
Ryanair Holdings Plc lost a court challenge over a Covid-19 bailout for rival carrier Finnair Oyj after a European Union court said support for the airline didn’t break the bloc’s state-aid rules.
The EU’s top court upheld a lower court’s ruling was right in finding that the €600 million ($648 million) Finnish aid wasn’t unfair treatment.