Virgin considers action on subsidies

Virgin Express Holding NV said it is considering seeking compensation for the damage it suffered to its business as a result of illegal subsidies granted to rival Ryanair Holdings PLC.

Tue, 10 Feb, 2004 - 12:25

Virgin Express Holding NV said it is considering seeking compensation for the damage it suffered to its business as a result of illegal subsidies granted to rival Ryanair Holdings PLC.

The airline offers low-fare services in Europe with a fleet of about 15 Boeing 737s.

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