Ryanair Holdings Plc asked European Union judges to cancel EU approval of Sweden’s 455 million-euro ($493 million) loan guarantees for airlines, the first of several potential lawsuits targeting European governments’ efforts to rescue selected airlines hit by a collapse in air traffic.
Ryanair’s filing at the EU’s General Court on May 1 argues that Sweden violated EU law by limiting state guarantees on loans to airlines that had a Swedish commercial aviation license on Jan. 1, effectively shutting out the Irish carrier and other airlines that operate services in Sweden but base planes elsewhere in Europe.
Ryanair has raised the same concerns over similar French and Danish aid programs.The European Commission said it would defend its decision in court.
The case is T-238/20 Ryanair vs Commission.
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