Announcement
09 Mar 2021
In March 2021, the Spanish government approved rescue loans to Plus Ultra Líneas Aéreas S.A. under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
09 Mar 2021
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 9 March 2021, the Spanish government published an Agreement that approves EUR 53 million (approx. USD 63 million) in rescue loans in favour of Plus Ultra Líneas Aéreas S.A. The rescue loans were is...
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