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Airplanes and state aid: Commission approves German rescue aid to Air Berlin
Brussels, Belgium - A temporary EUR 150 million bridging loan
The European Commission has endorsed under EU state aid rules Germany's plans to grant Air Berlin a temporary €150 million bridging loan. The measure will allow for the orderly wind-down of the insolvent airline Air Berlin without unduly distorting competition in the Single Market. On 15 August, Germany notified the Commission of its intention to grant a bridging loan to Air Berlin. This followed E...
AVIONEWS - World Aeronautical Press Agency