US EditionCondor wins EU nod on state aid, reiterates B757 phaseout
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Condor wins EU nod on state aid, reiterates B757 phaseout
The European Commission has approved restructuring aid worth EUR321.2 million euros (USD364 million) to Condor (DE, Frankfurt International), in line with European Union state aid regulations, a press release from Brussels reveals. The decision came after the German state aid was initially annulled by the EU General Court which expressed concerns that Germany did not receive sufficient assurances of debt sharing among shareholders, which led to …
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