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Valentina R., lawyer
(Case T-657/20) (*)
(State aid - Finnish air-transport market - Aid granted by Finland to Finnair in the context of the COVID-19 pandemic - Recapitalisation of an airline by its public and private shareholders on a pro rata basis in proportion to the previously existing ownership structure - Decision not to raise any objections - Temporary Framework for State aid measures - Measure intended to remedy a serious disturbance in the economy of a Member State - Derogation from certain requirements of the temporary framework - No weighing of the beneficial effects of the aid against its adverse effects on trading conditions and the maintenance of undistorted competition - Equal treatment - Freedom of establishment - Freedom to provide services - Obligation to state reasons)
(2022/C 303/47)
Language of the case: English
Applicant: Ryanair DAC (Swords, Ireland) (represented by: F.-C. Laprévote, V. Blanc, E. Vahida, S. Rating and I.-G. Metaxas-Maranghidis, lawyers)
Defendant: European Commission (represented by: L. Flynn, S. Noë and F. Tomat, acting as Agents)
Interveners in support of the defendant: French Republic (represented by: T. Stéhelin and P. Dodeller, acting as Agents), Republic of Finland (represented by: H. Leppo and A. Laine, acting as Agents)
By its action on the basis of Article 263 TFEU, the applicant seeks annulment of European Commission Decision C(2020) 3970 final of 9 June 2020 on State aid SA.57410 (2020/N) — Finland COVID-19: Recapitalisation of Finnair.
The Court:
1.Dismisses the action;
2.Orders Ryanair DAC to bear its own costs and to pay those incurred by the European Commission;
3.Orders the French Republic and the Republic of Finland to bear their own respective costs.
(*) Language of the case: English.
(1) OJ C 433, 14.12.2020.