On Friday 16 February, the Commission announced that, following its in-depth investigation, it had concluded that Blue Air’s restructuring plan was incapable of restoring the airline’s long-term viability. The Commission therefore ordered the recovery of Romanian state aid totalling €33.84 million plus interest, deemed incompatible with European competition rules.
In August 2020, the Commission approved a public guarantee for Blue Air of around €28 million to cover the damage...