About: http://data.cimple.eu/news-article/fb122eed092a0f8b2213b5248619bc4be010c34371ac94259fbafa27

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rdf:type	schema:NewsArticle
schema:articleBody	Low-cost pioneer Ryanair said Thursday it had taken its challenge over Portuguese aid for state-owned carrier TAP to the European courts. The Irish-based carrier told AFP it was appealing against a June decision by the European Commission to authorise a EUR1.2 billion ($1.5 billion) rescue loan for ailing TAP to keep it afloat as the coronoavirus pandemic buffeted the aviation industry. Lisbon then annnounced last month it was taking the carrier back into majority state ownership, boosting its stake to 72.5 from 50 percent with the 55 million euros purchase of half of the Atlantic Gateway consortium's stake controlled by US businessman David Neeleman. Portugal argues the move, which will see the fleet pared down and routes scrapped, will permit restructuring and TAP's long-term viability. Ryanair argues the cash injection amounts to illegal state support. The Commission said in June the aid did not violate competition rules and also last week greenlighted 290 million euros in aid for Brussels Airlines, part of the Lufthansa Group. But Ryanair's legal director Juliusz Komorek told Portuguese daily Publico that "a government cannot decide only to support national companies." The Irish carrier has also challenged aid packages for other rival carriers including SAS, Air France and Lufthansa, insisting that it gets by without such help. lf/mg/jrp/cdw/bmm
schema:headline	Ryanair challenges Portugal's TAP bailout
schema:mentions	Scandinavian Airlines Lisbon Airport Ryanair David Neeleman Lufthansa European Commission Air France Agence France-Presse Bailout Republic of Ireland Pandemic Portugal Atlantic Gateway (North West England) Lebanese Forces Brussels Airlines CDW
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	76 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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