Ryanair to appeal EC ruling next month - report

Low-cost airline Ryanair is set to launch its appeal against the European Commission's ruling that it received illegal state aid at Charleroi airport in May, according to a report in the Financial Times.

The commission ruled in February that €4m out of €15m of incentives paid to Ryanair by Charleroi airport, which is owned by the local Walloon government, amounted to illegal state aid.