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Stock impact report

EU approves €321.2 million aid for German airline Condor [Yahoo! Finance Canada]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
The decision follows a May 2024 court ruling that annulled the Commission's earlier 2021 decision after Irish airline Ryanair challenged the 2019 government bailout of Condor. Last July, Condor said it was confident the EU would confirm authorization of the aid. Condor, a German charter airline focused on leisure travel, filed for insolvency in 2019 after the collapse of its parent company, Thomas Cook. The aid aims to restore the airline's long-term viability. (Reporting by Charlotte Van Campenhout, Editing by Sudip Kar-Gupta) Recommended Stories Show less Read more
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