Ryanair unit urges Austria not to grant state aid to Austrian Airlines
Share:
VIENNA (Reuters) - Ryanair unit Lauda on Thursday urged the Austrian government not to grant Lufthansa's subsidiary Austrian Airlines state aid to help weather the coronavirus outbreak, saying Austrian taxpayers should not subsidise a German company.Lauda's move demonstrates the intense pressure on the European Union's major airlines and the competitive challenges that any national financial support could pose. Lufthansa, which like Ryanair was forced to ground nearly all its flights due to..