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Portugal breached TAP bailout conditions, Ryanair complains to EU state aid regulator

By Nicholas Hirst ( February 13, 2024, 09:27 GMT | Insight) -- Ryanair has filed a formal EU state aid complaint targeting Portugal, its flag carrier Transportes Aéreos Portuguese and EasyJet’s operations out of Lisbon Airport, MLex has learned. The Irish carrier says Portugal has failed to implement commitments made to EU regulators that approved its 2.6 billion-euro restructuring plan for TAP, and that it should have to apply anew for approval for the bailout.Ryanair has filed a formal EU state aid complaint targeting Portugal, its flag carrier Transportes Aéreos Portuguese and EasyJet’s operations out of Lisbon Airport, MLex has learned. ...

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