Announcement
06 Jul 2020
On 6 July 2020, the European Commission approved a state loan from Austria to support Austrian Airlines AG which had to face travel restrictions due to the COVID-19 outbreak and experienced a significant decline in turnover.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
06 Jul 2020
Revocation date:
No revocation date
State loan
In force
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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