Commission Decision (EU) 2024/1675 of 16 February 2024 on the State aid SA.62829 ... (32024D1675)
Commission Decision (EU) 2024/1675 of 16 February 2024 on the State aid SA.62829 (2023/C) implemented by Romania for Blue Air Aviation SA (notified under document C(2024) 910)
- COMMISSION DECISION (EU) 2024/1675
- of 16 February 2024
- on the State aid SA.62829 (2023/C) implemented by Romania for Blue Air Aviation SA
- (notified under document C(2024) 910)
- (Only the Romanian version is authentic)
- (Text with EEA relevance)
- 1.
- PROCEDURE
- 2.
- THE BENEFICIARY
- 2.1.
- Blue Air’s activities
- 2.2.
- Blue Air’s difficulties and earlier rescue aid
- 3.
- DESCRIPTION OF THE RESTRUCTURING PLAN AND SUPPORTING AID
- 3.1.
- Restructuring plan: duration and planned restructuring measures
- 3.2.
- Financing of the restructuring plan
- 3.3.
- Restoration of long-term viability: financial projections
- 3.4.
- Measures limiting distortions of competition
- 3.4.1.
- Structural measures – divestments and reduction of business activities
- 3.4.2.
- Behavioural measures
- 3.5.
- Role of Blue Air in Romania and counterfactual to the aid
- 3.6.
- Grounds for initiating the procedure
- 4.
- COMMENTS FROM INTERESTED PARTIES
- 5.
- COMMENTS FROM ROMANIA
- 6.
- ASSESSMENT OF THE AID
- 6.1.
- Existence of State aid within the meaning of Article 107(1) TFEU
- 6.1.1.
- Continuation beyond six months of the State guarantee: economic advantage
- 6.1.2.
- Enforcement of the collateral securing the State guarantee and transfer of Blue Air shares to State ownership: economic advantage
- 6.1.3.
- State guarantee: State resources, selectivity and effect on trade and competition
- 6.1.4.
- Conclusion on the presence of aid
- 6.2.
- Lawfulness of the aid
- 6.3.
- Compatibility of the aid and the legal basis for the assessment
- 6.3.1.
- Contribution to the development of an economic activity or area
- 6.3.1.1. Restoration of long-term viability
- 6.3.1.2. Development of certain economic activities or areas
- 6.3.2.
- The aid measure must not unduly affect trading conditions to an extent contrary to the common interest
- 6.3.2.1. Proportionality and own contribution
- 6.3.2.2. Measures limiting distortions of competition
- 6.3.3.
- Weighing up the positive effects of the aid with the negative effect on the internal market
- 7.
- RECOVERY
- 8.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
- Article 6
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