EU court annuls approval of French pandemic aid to Air France and Air France-KLM

Low-cost airlines Ryanair and Malta Air won a court case Wednesday against the European Union's decision to approve billions of euros in state aid by the French government to Air France and holding company Air France-KLM during the COVID-19 pandemic. Ryanair has filed several court challenges against measures introduced by EU countries to help some airlines weather the fallout of coronavirus restrictions. The bloc's 27 members must seek approval from the European Commission, the EU's executive branch, when granting financial support to companies.