French Airline Corsair's EUR168 Million Restructuring Aid Gets European Commission Clearance

07:10 AM EST, 12/23/2025 (MT Newswires) -- The European Commission cleared the 167.8 million-euro French restructuring aid for Corsair after an in-depth probe determined that the airline's revised restructuring plan is consistent with the internal market. The aid includes an 80 million-euro loan write-off approved in 2020 and 87.8 million euros in new financing, according to a Tuesday release. The approval, granted under the European Union State aid rules, is subject to conditions, such as lower flight rotations and slot releases to minimize the aid's competition impact.