The Commission Considers Aid to Alitalia Illegal

The European Commission ruled on Friday that two Italian loans to the airline Alitalia, for a total of 900 million euros, constituted illegal state aid, while ruling in a related…

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Guaranteeing Plane SIA Loans 750 Million Singapore Dollars

Singapore Airlines or SIA pledged some of its planes to get long-term loans worth 750 million Singapore dollars to sustain liquidity. Singapore Airlines (SIA) claimed to have succeeded in obtaining…

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