A PYMNTS Company

Ireland/EU: Ireland airport cries foul following government aid to rival

By  |  March 31, 2013

An agreement has reportedly been reached between the EU directorate general for competition and Ireland West Airport Kock’s company board, as the airport approached the authority with concerns regarding the government bailout of its rival Shannon Airport. The bailout was worth about $385 million. The coming weeks will bring new developments as a result of that agreement, though the details of such a term have not been revealed. Reports said, however, that while aid can continue to flow into Shannon, a proportionate form of aid must also be given to Ireland West Airport Knock to ease competition concerns.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: The Connaught Telegraph

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.