Global Trade Alert
Global Trade Alert

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

Announcement

18 Aug 2020

In August 2020, the European Commission approved a EUR 133 million Portuguese state aid measure to SATA Airlines, as further response to the economic crisis originated by the COVID-19 pandemic. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Aug 2020

Revocation date:

No revocation date

Updated: 18 Aug 2020
Capital injection and equity stakes (including bailouts) In force

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 originat...

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