Ryanair Holdings Plc notched up another court victory in its fight against Covid-19 bailouts to rivals, this time winning its challenge to a €130 million ($140 million) subsidy for Italian carriers affected by the pandemic.
The EU’s General Court on Wednesday annulled the European Commission’s 2020 decision to clear the Italian aid package under the bloc’s state-aid rules, saying regulators failed to spell out why it didn’t distort competition.
The decision “failed to set out in a clear and transparent manner” the reasons for the EU’s approval decision, EU judges said. The ruling can be appealed.
Read More: EU’s Vestager Weighs ‘All Options’ After Lufthansa Aid Shock
The Dublin-based low-cost carrier has filed more than two dozen challenges to EU approvals for pandemic aid doled out by governments to carriers, including Deutsche Lufthansa AG and Air France-KLM. Its latest victory was a shock win earlier this month when the EU court annulled Germany’s massive Covid-related bailout of Deutsche Lufthansa AG.
