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Europe Daily Bulletin No. 8426

22 March 2003
Contents Publication in full By article 27 / 37
GENERAL NEWS / (eu) eu/state aid
Clearance to aid for restructuring of LTU

Brussels, 21/03/2003 (Agence Europe) - The European Commission has authorised aid for the restructuring of the German airline company LTU (Lufttransport Unternehmen GmbH), after having concluded that such aid met the criteria set in the guidelines applicable to air transport and to the general guidelines concerning aid for rescue and restructuring. Aid will allow LTU to contribute to an overall restructuring programme, which should ensure that the company returns to profitability in 2004....

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