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Ryanair wins its battle over 'state aid' at Charleroi as partial privatisation nears

24-Dec-2008

After a four-year long 'trial', Ryanair has emerged victorious in its dispute with the European Commission over 'illegal state aid' received from Belgium's Charleroi - Brussels South Airport (BSCA). But what does this mean for BSCA's privatisation projects just when there seems to be some progress? [972 words]

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Subheadings:

  • Walloon government had claimed it behaved as a private investor would
  • BSCA had been built with little justification
  • Low cost terminal "built on the success of agreement with Ryanair" - O'Leary
  • SAVE in a strong position to complete first level of privatisation
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