PPRuNe Forums - View Single Post - Ryanair - 8
Thread: Ryanair - 8
View Single Post
Old 28th Mar 2012, 22:22
  #3218 (permalink)  
racedo
 
Join Date: Nov 2008
Location: Exit stage right.
Posts: 290
Likes: 0
Received 2 Likes on 2 Posts
EU case is a strange one as ruling basically says that provide state aid, company goes bust and gets sold to cobolled together Govt consortium which then doesn't need to repay state aid.....

Strange decision which if allowed to stand will allow Govts to do the same with lots of industries arguing that when they go bust and phoenix then its ok as companies have no connections with old company.
racedo is offline