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Aircraft and airlines. EC: sales of LOT controlled companies was licit

Brussels, Belgium - The cessions, carried out under normal market conditions, was not state aid

The European Commission has concluded that the sale of LOT Services, LOT Catering and LOT Airport Maintenance Services, companies controlled by LOT Polish Airlines, was carried out on market terms and did therefore not involve state aid in the meaning of European Union rules. LOT has been under restructuring since 2009: the company is trying to improve its financial situation by selling its controlled...

AVIONEWS - World Aeronautical Press Agency - 1147536
Rome, Italy, 11/21/2012 12:41
AVIONEWS - World Aeronautical Press Agency

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