ANNOUNCED AS TEMPORARYNo
Bailout (capital injection or equity participation)
On 6 December 2012, the Romanian court has ruled to cancel state aid from Timisoara Airport (operated by Romanian Civil Aviation Authority, a government enterprise) to Wizz Air, a Romanian low-cost airline operator. The aid has been mainly provided via discounts of up to 85% to airport aircraft and passenger charges and has allegedly accounted to as much as EUR10M since 2008. According to the ruling, Wizz Air will have to return all anticompetitive aid it received. Also, Timisoara Airport will have to cover losses experienced by Carpatair, the main local competitor of Wizz Air.
The state aid provided to Wizz Air has potentially introduced unfair competitive advantage over foreign airline companies also operating at Timisoara Airport. Furthermore, commercial interests of other airports (like Nikola Tesla International Airport of Belgrade, only 160km away, or Henri Coanda International Airport at Bucharest) may have been negatively affected.
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