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Austria: Introduction of scheme to support Austrian Airlines AG

Description

On 6 July 2020, the European Commission approved a EUR 150 (USD 169) million subordinated loan which can be converted into a financial grant in June 2021. The aid will support AUA by compensating for ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Jul 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 Products

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