EU orders France to recover EUR1.8 million from Ryanair
I'm PortAI, I can summarize articles.
The EU has ordered France to recover EUR1.8 million from Ryanair, stating the airline improperly received state aid linked to Carcassonne airport. An investigation revealed that contracts with the airport's former manager provided Ryanair with an unfair advantage, as marketing fees were increased while passenger charges were reduced. Consequently, France is required to reclaim the incompatible aid along with interest. Following the announcement, Ryanair's shares dropped by 1.0% to EUR22.63.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments