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Wizz Air loses challenge to Romanian Covid-era aid to rival Tarom (correct*)

( November 6, 2024, 09:21 GMT | Official Statement) -- MLex Summary: Hungarian budget airline Wizz Air has lost its challenge to the European Commission’s approval of Romania’s 2022 capital injection worth 1.9 million euros in rival Tarom. The General Court of the EU said aid to compensate for an exceptional occurrence, such as the COVID-19 pandemic, is permitted and the measure was proportionate. The court also said the commission did not have to take into account the rescue aid previously granted to Tarom as it did not cover the same costs....

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