The EU Commission opens an in-depth investigation to assess whether the plan by the Spanish region of Valencia to grant public support to regional airline company is in line with EU State aid rules (Air Nostrum)

State aid: Commission opens investigation into public support for Air Nostrum's fleet renewal in Spain* The European Commission has opened an in-depth investigation to assess whether the plan by the Spanish region of Valencia to grant €9 million of public support to regional airline Air Nostrum for the renewal of its fleet is in line with EU State aid rules. Air Nostrum is a regional airline headquartered in Valencia (Spain). As part of its plans to boost the economic development of the region, the Regional Government of Valencia, in 2018, approved the granting of a subsidy of maximum €3 million to Air Nostrum. Furthermore, the regional government intends to grant an additional subsidy of maximum €6 million over the period 2019-2020. The measures are aimed at supporting the renewal of

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European Commission, The EU Commission opens an in-depth investigation to assess whether the plan by the Spanish region of Valencia to grant public support to regional airline company is in line with EU State aid rules (Air Nostrum), 29 October 2019, e-Competitions October 2019, Art. N° 92175

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