EC signals approval of state aid for airlines hit by ash crisis
The European Commission today signalled approval of state aid for airlines in the wake of the volcanic ash crisis – as long as it does not amount to “unfair assistance” undermining competition.
Airlines claim to have lost billions due to the closure of European air space and the loss of thousands of flights. They have also been obliged under EU rules to pay for accommodation and meals for their passengers stranded around the world.
