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THE EUROPEAN COURT of Justice has dismissed a challenge by Ryanair to its ruling last year that Alitalia could sell some of its fleet, in spite of the airline having received unlawful state aid from the Italian Government.
The Luxembourg-based court ruled that though the Italian loan was not legal, the sale of the planes was in line with EU law.
In 2008, a loan of €300 million was given to the state carrier, which was insolvent at the time, and the airline was told it had the option of counting that amount as part its own capital.
The European Commission later cleared the sale of 90 Alitalia planes – half of its fleet – to a group of Italian investors, saying that the new investors weren’t responsible for paying back the loan once the sale was made at market prices.
A 2012 challenge to that decision by Ryanair was rejected last year by the Court, which today issued a ruling dismissing ‘all the arguments’ raised by the Dublin-based carrier against the move.
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Vita cortex worker hold a protest today between 12.30 to 1.30pm at Vita Cortex, Kensale rd, Cork. And can be followed on twitter at @vcortexworkers and on facebook. Best of luck to them
The government were right to stop companies like vita cortex shafting the tax payers of Ireland. SIPTU need to stand up and be a union instead of sleeping with companies and government, these workers need assistance and need it now. SIPTU want to knock liberty hall and rebuild on the back of membership it’s time they put people first and get the fat cats out of siptu.
SIPTU are SCUM, They shafted us when the company was profitable and still is. There is only a very small group left out of hundreds still paying dues to them.
Peter murphy we the people of this country need more people like you in running this shit hole that they have turned it into and i mean the politicians
A national disgrace that these people can be treated like this, losing their livelihood is hard enough without their entitlements being attacked, where the hell is the Govt support,hand billions to foreign gamblers and allow our own to be treated so wrongly, every worker in the country should be supporting them-beware precedence.
Couldn’t agree more rodger.
How right u are Roger if this kind of unfair treatment of people is allowed to happen in this case then it will continue to happen & then it will become the norm
Surely siptu can help these people out in the mean time financially. The guys at the top of these unions are making a small fortune and are out of touch with reality. How well they appear on the tv all the time shaking hands to be noticed. And why the he’ll do they love facial hair so much?
The very best of luck to you all and stick with it
As the daughter of one of the workers I’d like to thank everyone for their kind words and support.my father worked forty years for cortex and gave his every waking hour to these people when he wasn’t home taking care of us.that was my dad work and family and he was happy as Larry,so to see him older now,not as physically healthy as he was in younger years ,having to worry and fight for what he’s owed sickening.so again thank you all and positive comments and support is what these workers can benefit from right now as they continue the fight that will make all of our future employers think twice before robbing us.cheers to the vita cortex workers for taking a stand for all of us.
Leah, I used to work with your dad at cortex. He’s a lovely man and I saw how much he gave to the company – he doesn’t deserve to be in this position. I hope they get this sorted out soon.
SIPTU my bollox !
Maybe SIPTU will campaign against Labour/Fine Gaels austerity measures that target the needy, the unemployed and the most vulnerable of ! Social leaders…… What social leaders leaders !!!!!!
Social Democracy doesn’t change society equitably ! it tweeks it so as to appear to care !!!
that is “vulnerable of society” sorry !
Not sure whether to call Jack O Connor a puppet or a muppet because he does both so brilliantly. I too cancelled my subs about 4yrs ago. Emancipation!!
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