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Europe Daily Bulletin No. 11840

1 August 2017
Contents Publication in full By article 10 / 23
ECONOMY - FINANCE - BUSINESS / State aid
Green light to public aid in favour of Frankfurt-Hahn airport
Brussels, 31/07/2017 (Agence Europe)

On Monday 31 July, the European Commission approved State aid granted by the Land of Rhineland Palatinate to Frankfurt-Hahn airport.

The loss-making, Frankfurt-Hahn airport has been controlled by Rhineland Palatinate since 2009. On 1 March, the Land signed a share purchase agreement with the Chinese group HNA to sell it 82.5% of its shares.

The Land's support aims to cover the airport's anticipated operating losses over the period 2017-2021. This maximum level of this aid will be €25.3...

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