Airline: France wants to use EU for state help for Norwegian

Airline: France wants to use EU for state help for Norwegian

       Airline France wants to use EU for state aid for Norwegian For the French Minister of Finance Le Maire, the state aid for the Norwegian Air is a reason for the bankruptcy of the Paris airline XL Airways. Share article by: Share article by: France makes state aid to the airline Norwegian Air jointly responsible for the bankruptcy of its Paris-based competitor XL Airways. “I will therefore write to the European Commission next week to ask them to put these things in order,” Finance Minister Bruno Le Maire told LCI on Sunday. “Norwegian Air undercuts prices while it is in debt and receives public funds from Norway.” This partly explains why XL Airways had to file for bankruptcy. “I can not accept that, because the competition rules should be the same for everyone,” said Le Maire. Norwegian has shaken the market for long-haul flights with low-priced transatlantic tariffs, but has paid off its rapid expansion with high losses and amassed debt. The French low-cost airliner XL had recently sought help from Air France, to be able to avert his off yet. Now on wiwo.de You want to know what drives the economy? Click here for the latest articles of WirtschaftsWoche. Share article by: Share article by: © Handelsblatt GmbH – All rights reserved. Acquire usage rights?          Services offered by our partners       
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