From Nasdaq, Inc.:



Air France-KLM and Air France are considering whether to appeal against a European court ruling that annulled European Union approvals of French State aid measures during the Covid-19 crisis. The airlines have stated that they will participate in discussions between the French State and the European Commission in order to potentially obtain new approval for the aid measures. The General Court of the European Union rendered judgments on December 20, 2023, annulling previous Commission decisions that had approved various French State aid measures during the Covid-19 crisis. This decision could have significant implications for the airlines and the financial support they have received during the pandemic.



Original: Air France-KLM To Consider Appeal Against EU Court Decisions On Covid-19 Aid