On Friday 28 June, the European Commission announced that it had authorised plans by Denmark and Sweden to grant restructuring aid of up to €1.3 billion (SEK 15 billion) to the airline Scandinavian Airlines System AB, or “SAS”.
An initial recapitalisation measure of around €833 million was authorised in October 2020 under the temporary framework, as amended in the context of the Covid-19 pandemic. Following the annulment by the General Court of the EU, the Commission again...