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Portugal: Introduction of state loan to support airline company Transportes Aéreos Portugueses

Description

On 23 April 2021, the European Commission approved a EUR 462 (USD 557) million state loan measure from Portugal. The aid will support Transportes Aéreos Portugueses (TAP) to overcome profit losses cau...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Apr 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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