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Sunday | July 12 | 2020

Ryanair wants EU to block €3.4bn ”illegal” state aid to KLM

Ryanair called on the EU Commission ”to block the latest illegal” State Aid of €3.4bn to Dutch flag carrier KLM, which equates to a subsidy of €200 on behalf of every man, woman and child of Holland.

The company shows that ”The Dutch Govt are great at preaching fiscal conservatism to other EU countries but when it comes to bailing out flag carrier airlines they write subsidy checks even faster than Mrs Merkel”.

Ryanair Group CEO Michael O’Leary said: “16 years after Air France’s takeover of KLM, every Dutch citizen now has to pay €200 each to prop-up Air France-KLM, while each French citizen will only pay a subsidy €100. For this €200 KLM subsidy, every Dutch man, woman and child could buy 5 flights with Ryanair, instead of paying for the failure and inefficiency at Air France-KLM.

”We call on the European Commission to block this subsidy doping to KLM, which will further reduce competition and consumer choice in the Dutch and French markets”, O’Leary completed.

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