Global Trade Alert
Global Trade Alert

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Sweden and Denmark: EUR 1.3 billion rescue aid to Scandinavian Airlines System AB

Description

On 28 June 2024, the European Commission approved a EUR 1.2 billion (USD 1.4 billion) rescuing aid from Sweden and Denmark. The financial resources will support the airline Scandinavian Airlines Syste...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Jun 2024

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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Affected Products

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