Blerg wrote:GLANKG wrote:The thread is about FR complaining about OS bailout.
Austria announced 15 billion bailout funds for troubled companies as the situation is unprecedented, OS is one of the largest employers in land and played a vital role in the wider economy. Naive to think they won't be part of it, they submitted an application about 767 million last Tuesday, but government demands LH concessions. We haven't heard about MOL since, maybe he will sue them or maybe he will back down, let's see.
Some compared different governments bailout programs, but let's not forget that Austria and Germany are both sovereign states, each has its own tax regime and labour system. When it comes to what to do with LH, Berlin probably weighs in more about Adidas' 3.3 billion bailout rather than considering a foreign company's treatment or an outcast who comes and goes when regional subsidy initiatives suit them. When Austria closed border to Germany, you'd get a sense that EU is not US, bailouts are not industry focused but nationality based, it's just the reality.
Easyjet just got £600m loan from UK after being shoved away by Swiss government don't they, maybe FR should be more open about talking to Dublin? So far they insisted they could weather through (like Wizz and BA) but what if demand doesn't come back for a few years as VS's analysis?
You can literally read the name of the thread, it's not about Austria as you claim, it's about subsidies provided by various (almost all) EU nations to their national carriers.
You are correct, my bad. The original Irish Times report didn’t even mention OS, they only talked about AF/KL/LH/AZ. I did wonder why MOL didn’t MOL the bailouts at FR’s top markets. The thread was misleading from the very beginning as it started by hinting Lauda/FR should be entitled to AUA/LH similar treatment (Or maybe wrong article was quoted here because it's really not relevant).
Good luck to MOL then, he will need it, no other airline has ever lost as many times as Ryanair in the history of ECJ.