Announcement
18 May 2022
In April 2022, the Spanish government approved 7 bailouts under the recapitalisation fund approved in July 2021 (see related state act). Only one of them met GTA reporting criteria.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
18 May 2022
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 18 May 2022, the Spanish government approved a EUR 15 million (USD 15.7 million) bailout in favour of AlbaStar S.A., a Palma-based airline founded in 2009. The operation was approved under the reca...
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