European Court of Justice yesterday upheld a 2005 European Commission ruling that Greece failed properly to recover illegal state aid provided to Olympic Airways and its successor Olympic Airlines (ATWOnline, Oct. 19, 2006). EC VP-Transport Jacques Barrot said that "if swift compliance is not achieved, I would have no choice but to propose to the College to file a new action with the Court of Justice, asking for the imposition of fines and periodic penalty payments." The Court cited examples ...

Subscribe to Access this Entire Article

"Other News - 02/14/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.