Wednesday, 15 January 2020

IAG files complaint over UK's 'state aid' to Flybe....

Willie Walsh, the current boss of IAG has filed a complaint to the European Union over the UK's rescue deal for the troubled regional carrier, Flybe. IAG is claiming the deal breaches state aid rules and it is understood that another European carrier has also submitted, or is in the process of filing a complaint. Walsh said it was a "blatant misuse of public cash".

These complaints come as a backlash against the government's plan to defer some of Flybe's air passenger duty tax bill of over £100 million grows. Ryanair the low-fare-high-fee t had called for "more robust and frequent stress tests on financially weak airlines and tour operators so the taxpayer does not have to bail them out". EasyJet chief executive Johan Lundgren said: "Taxpayers should not be used to bail out individual companies, especially when they are backed by well-funded businesses."




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