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Portugal: EUR 133 million liquidity support to SATA Airlines (COVID-19)

Description

On 18 August 2020, the EU approved a Portuguese aid measure for a total amount of EUR 133 million (approx. USD 158.9 million) to SATA Airlines, as further support given the economic crisis originated ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Aug 2020

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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