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European Commission relaxes airline aid rules

Brussels, Belgium - It will turn a blind eye to all kinds of aid if situation deteriorates

The European Commission signalled that it was ready to relax state aid rules and allow the government to offer financial help British airlines struggling to cope with a war prompted downturn. Altough Brussels said it did not think the situation was serious enough yet to warrant large scale help, it was willing to turn a blind eye to all kinds of state aid if situation deteriorated. Under the terms...

AVIONEWS - World Aeronautical Press Agency - 42961
Rome, Italy, 03/26/2003 13:45
AVIONEWS - World Aeronautical Press Agency

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