Overview
- The EU Court of Justice voided the European Commission’s 2020 approval of German state aid to Lufthansa.
- Ryanair and Condor won the case, which targeted €6 billion of a €9 billion pandemic rescue package.
- Judges found a legal flaw in the accepted pricing method for a state stake that could be converted into Lufthansa shares.
- The Commission will reopen the file and take a new decision as part of its review that began in 2024.
- Lufthansa says it has repaid the aid it drew and will cooperate with the reassessment.