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European Commission concludes Italian loans to Alitalia are illegal aid

Worth €900 million

The European Commission (EC) has concluded that two State loans for an amount of €900 million, granted by Italy to Alitalia in 2017, are illegal under EU State aid rules. Italy must therefore recover the illegal State aid, plus interest, from Alitalia.It is an Italian airline, providing domestic and international air transport services, maintenance, ground handling and cargo transportation. It has b...

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Brussels, Belgium, 09/10/2021 11:42
AVIONEWS - World Aeronautical Press Agency

AirlinesState aid. European Commission finds new carrier ITA is not Alitalia's economic successor

And Italy's capital injections into ITA are market conform

The European Commission has found that Italia Trasporto Aereo SpA (“ITA”) is not the economic successor of Alitalia and, hence, it is not liable to repay illegal State aid received by Alitalia. It als... more

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