EU court overturns approval of Lufthansa, SAS Covid bailouts

AN EU court yesterday overturned the European Commission’s decision to approve massive government bailouts for German airline Lufthansa and Scandinavia’s SAS during the coronavirus pandemic, after a legal challenge by rivals.

Lufthansa, one of Europe’s biggest airline groups, received a multi-billion-euro cash injection in 2020 to save it from collapse as government lockdowns to prevent the spread of Covid-19 brought air travel to a halt.