Global Trade Alert
Global Trade Alert

Portugal: Introduction of state loan to support airline company Transportes Aéreos Portugueses

Announcement

23 Apr 2021

On 23 April 2021, the European Commission approved a state loan measure to support the largest airline company based in Portugal, Transportes Aéreos Portugueses.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Apr 2021

Revocation date:

No revocation date

State loan In force

On 23 April 2021, the European Commission approved a EUR 462 (USD 557) million state loan measure from Portugal. The aid will support Transportes Aéreos Portugueses (TAP) to overcome profit losses cau...

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