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Inti Landauro and Yun Chee Foo

ReutersYesterday at 10:23

Germany’s Lufthansa lost its appeal on Thursday against a court ruling that struck down EU approval of state aid it received during the COVID pandemic, confirming a victory for rival Ryanair.

The European Union’s Court of Justice dismissed Lufthansa’s appeal, upholding a General Court ruling that annulled the European Commission’s decision to clear the airline’s recapitalisation.