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Possible sanctions for carriers financed by "unfair" subsidies (2): unfair competition

Luxembourg, Belgium - Action of the European Commission against airlines of third countries

UE Ministers of transport agreed today on a sanction, on the basis of an accurate investigation, for those carriers which apply extremely low fares, as the receive gouvernment aids. Following the crisis caused by the September 11 attacks, USA decided to generously finance national carriers both with financial aid and with insurance policies. The American airlines issued really cheap tickets, damaging...

AVIONEWS - World Aeronautical Press Agency - 53443
Rome, Italy, 10/09/2003 18:14
AVIONEWS - World Aeronautical Press Agency

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