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ELFAA Statement: Cash handouts to Spanair are flagrant breaches of EU law

( November 15, 2011, 13:28 GMT | Official Statement) -- MLex Summary: The European Low Fares Airline Association, ELFAA, has announced in a press release that it condemns the recent capital injection of 25 million euros by the regional government and City Council of Barcelona to airline Spanair. According to the industry representation, the bailout breaches EU rules on state aid. ELFAA is currently preparing a complaint to be lodged with the European Commission.The full press release follows....

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