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Ryanair Sues EU Over Olympic Air State Aid

Sun Nov 25, 2007 8:29 pm

Busy attorneys Ryanair has.

Ryanair files suit over alleged Greek state aid to Olympic

DUBLIN, Ireland: Ryanair Holdings PLC filed a lawsuit Thursday against the European Commission --- its third such action this month in complaints challenging funding of national airlines by European governments.

In its latest suit, Ryanair accused EU competition authorities of failing to investigate €500 million (US$740 million) in money paid by the Greek government to Olympic Airlines.

Last week, Ryanair filed a suit accusing the EU of inaction over German government funding of a loss-making terminal at Munich Airport used by Lufthansa. Two weeks ago, it took the same action, claiming that France subsidized the airport charges and other costs for domestic Air France flights.

O'Leary said Greece had paid Olympic about €500 million over the past year, "mostly for 'unpaid services' allegedly provided by Olympic to the government. However, the (European) Commission has refused to do anything about this since 2006, which left us with no alternative but to challenge the commission's inaction in the European courts."
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