May 10, 2023 SOURCE: AFP
EU court overturns approval of Lufthansa, SAS Covid bailouts
An EU court on Wednesday overturned the European Commission's decision to approve massive government bailouts for German airline Lufthansa and Scandinavia's SAS during the coronavirus pandemic, after a legal challenge by rival airlines.
Lufthansa, one of Europe's biggest airline groups, received a multi-billion-euro cash injection in 2020 to save it...
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