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EU Court Thwacks at German Bailout for Thomas Cook Airline

The Irish budget airline has brought a series of complaints against Covid-19 financial support packages for rival airlines.
A Ryanair airplane approaches Lisbon airport, flying past the Monument to the Heroes of the Peninsular War. (AP Photo/Armando Franca, File)
LUXEMBOURG (CN) Ryanair persuaded the EU’s second-highest court Wednesday that a Covid-19 bailout package for a German charter flight operator ran afoul of the bloc’s rules.
The Luxembourg-based General Court held on Wednesday that the European Commission should not have approved two loans totaling 550 million euros ($670 million) from the German state to Condor Flugdienst GmbH.
“Since the contested decision is vitiated by an inadequate statement of reasons, this therefore requires the annulment of that decision,” the court’s 10th Chamber wrote. ....

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Caccia Mig29 della Bielorussia costringono aereo Ryanair ad atterrare: arrestato giornalista sgradito a Lukashenko. L'Ue minaccia sanzioni

Caccia Mig29 della Bielorussia costringono aereo Ryanair ad atterrare: arrestato giornalista sgradito a Lukashenko. L'Ue minaccia sanzioni
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Caccia Mig29 della Bielorussia costringono aereo Ryanair ad atterrare: arrestato giornalista sgradito a Lukashenko. L'Ue minaccia sanzioni. Supplemento antirapimento?

Caccia Mig29 della Bielorussia costringono aereo Ryanair ad atterrare: arrestato giornalista sgradito a Lukashenko. L'Ue minaccia sanzioni. Supplemento antirapimento?
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Caccia Mig29 della Bielorussia costringono aereo Ryanair ad atterrare: arrestato giornalista sgradito a Lukashenko. L'Ue minaccia sanzioni

Caccia Mig29 della Bielorussia costringono aereo Ryanair ad atterrare: arrestato giornalista sgradito a Lukashenko. L'Ue minaccia sanzioni
ilmattino.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ilmattino.it Daily Mail and Mail on Sunday newspapers.

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Boeing Wipes Away More Orders After Awful 2020

Boeing Wipes Away More Orders After Awful 2020
Adam Levine-Weinberg
Last week,
Boeing (NYSE: BA) reported that its backlog declined by a full $100 billion in 2020, ending the year at $363 billion. The company struggled to generate orders throughout the year. Meanwhile, it had to remove numerous orders from its backlog due to outright cancellations and judgments that certain orders were likely to fall through.
In its recently filed annual report, the plane maker provided more details on the rapid erosion of its order book. Most notably, it retroactively erased more orders from its year-end firm backlog.
737 MAX orders keep disappearing
Boeing booked its first major 737 MAX order in two years last December, as ....

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