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EU investigates on state aid to Czech Airlines
Brussels, Belgium - For a € 94 million loan granted by Osinek
The European Commission today launched an investigation into a loan granted to CSA–Czech Airlines by the state-owned entity Osinek to determine if these actions are compatible with the EU state aid rules. "At this stage -the Commission said in a statement- it cannot be excluded that the loan and its subsequent de-collateralisation (which the airline will use to finance costs linked to the operation o...
AVIONEWS - World Aeronautical Press Agency - 1114927
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency