Saturday, March 13, 2010

Air France Accuses Ryanair Of Taking Illegal Aid
by Magdalena Rosova

Air France accused Irish low-budget airline Ryanair of unfair trading practices. Ryanair denied the charge. Air France announced on Thursday that it had filed a complaint with the European Commission. According to Air France, Ryanair directly violated European regulations when made the opening of new routes in France conditional on receiving financial incentives from officials. The airline filled a complaint in November 2009 concerning the benefit Ryanair company takes from aid measures implemented by local French airports. Air France further says the Irish airline received 6600 million euros from aid across Europe in 2008. The aid for Ryanair was in form of reduced landing fees and airport taxes. Low-cost airline Ryanair offers cheap transportation to smaller local airports out of big cities. The local airports are happy that Ryanair brings them tourists and are willing to pay to Ryanair. There was a case when regional French airport refused to pay and Ryanair simpl! y canceled its route. It has about 20 other places in France where it can fly and still get the financial aid. Ryanair denied the accusations of Air France and claims it did not receive any illegal subsidies. Ryanair's spokesman said "It's Air France that is getting illegal aid in terms of reduced airport taxes on its domestic routes in France." Over recent years the European Commissions few times investigated Rynair for getting preferential treatment. But in 2008 European anti-trust court decided for the sake of Irish airline even though Brussels wanted to force Ryanair to pay back the money received from an airport in Belgium.

related story (sgx16742): http://competition.law360.com/registrations/user_registratio...
by Magdale! na Rosov a
for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models

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