June 25, 2020 / 9:00 AM / a month ago

Ryanair senior executive says carrier to challenge Lufthansa's bailout

BRUSSELS, June 25 (Reuters) - Europe’s biggest budget airline Ryanair will challenge the European Commission’s approval of German rival Lufthansa’s bailout, a senior Ryanair executive said on Thursday.

“It (Lufthansa) needs it as a war chest to fight off competition, it doesn’t need it to survive,” Juliusz Gomorek, Ryanair’s chief legal officer told reporters.

Ryanair has already appealed to the Luxembourg-based General Court against aid granted by France, Denmark and Sweden to airlines and cleared by EU competition enforcers. (Reporting by Foo Yun Chee)

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