The EU is seeking to tighten relations with
Iran, to achieve multiple benefits: increase safety, boost European aircraft
exports and reduce the leverage of Gulf rivals.
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Showing posts with label competition. Show all posts
Showing posts with label competition. Show all posts
Tuesday, 26 April 2016
Saturday, 17 January 2015
Cyprus Airways ceases operations after an order to repay state aid - but is it over?
Last week, Cyprus Airways, the island’s
national carrier, was shut down after a European Commission decision ordered
the company to repay more than 65 million euros it received in illegal state
aid. On Wednesday, the state’s Council of Ministers
approved a proposal tabled by the Ministry of Finance, to proceed with
acquiring the services of advisors in order to set up the new airline, which
will use the logo and name of Cyprus Airways.
Tuesday, 25 February 2014
European Commission issues new guidelines on State aid to airports and airlines
The European
Commission issued new guidelines on State aid to airports and airlines on 20
February 2014, to facilitate the application of Art. 107 Treaty on the Functioning
of the EU (TFEU) in aviation. The aim of the new rules is to ensure the
efficiency of State support, while preventing the distortion of competition
through overcapacity and duplication of infrastructure. There are four main
points in the guidelines.
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