EC says restructure deals for SAS and other airlines were not state aid

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It’s a good day for several of Europe’s airlines. The EC seems in supportive mode. Adria Airways, airBaltic and, last month, Air Malta have had confirmation that the commission has approved their restructuring deals and found that they did not constitute state aid.

But the biggest news, perhaps, is that SAS, too, did not receive illegal state aid when its three government shareholders participated in a revolving credit facility that was linked to a restructuring plan.

The news will dismay new kid ...