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France: State aid to Air Austral

Description

On 15 March 2016, the European Commission approved state aid to the French airline Air Austral. The airline had received a capital injection of 66.3 million EUR from Semantra, its parent company belon...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Oct 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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