Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

EU tells France to recover 8.5 million euros illegal aid from Ryanair

Euronews logo
Text size Aa Aa

BRUSSELS (Reuters) – EU competition regulators on Friday ordered France to recover 8.5 million euros (7.75 million pounds) in illegal aid granted to Ryanair <RYA.I> at Montpellier airport because it gave the Irish low-cost carrier an unfair advantage.

Ryanair served the airport in the south of France until April 2019. The European Commission started an investigation following a complaint from a Ryanair rival.

The EU antitrust enforcer said the case centred on about 8.5 million euros paid to the airline and its subsidiary AMS by the Association for the Promotion of Touristic and Economic Flows (APFTE) between 2010 and 2017 for promoting Montpellier and the surrounding area on Ryanair’s website.

APFTE is funded almost entirely by regional and local public entities which control the use of its budget.

(Reporting by Foo Yun Chee; editing by Francesco Guarascio)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.