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Transport by airplane: EC approves State aid for restructuring Air Malta

Brussels, Belgium - Equal to € 130 million

Following an in-depth investigation, the European Commission has concluded that a €130 million aid amount granted to the state-owned airline Air Malta for its restructuring is in line with EU state aid rules. The Commission found that the restructuring plan adequately addresses the financial problems of Air Malta. The restructuring measures foreseen, which include a significant capacity reduction a...

fra/pec - 1142720
Rome, Italy, 06/27/2012 15:21
AVIONEWS - World Aeronautical Press Agency

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