Lordo wrote:Paphitis wrote:Here is another interesting fact.
Another 4 European Airlines within the EU have received multiple Government subsidies from the Government all within 10 years.
Cyprus Airways was the only airline to receive a negative EU verdict and be deemed illegal.
Can I ask why Cyprus was singled out?
And why has the Government not been honest enough to reveal this to the people?
One of the airlines was Alitalia. See who can find out the other 3.
boy you need to learn to pay attention. alitalia did not receive a penny from the state. they got their investment from the post office. the fact that they are nationalised has nothing to do with it. nationalised industries are allowed to make commercial investments not aid like cyair got. i remember assholes here laughing their heads of about the tc arline going bust. well he who laughs last laughs the loudest/
You need to stop butting in over matters you know nothing about.
Alitalia had received 4.9 billion in State Aid from 1998 and onwards and were even subject to the same EU scrutiny. 3 more state owned airlines also received aid.