Ryanair Denies Allegations of Receiving Illegal Subsidies in Azores

Ryanair refutes claims of receiving illegal subsidies from the Azores to offset airport fees. Portuguese police are investigating whether a covert agreement with the airline existed, involving improper contract awarding. The alleged illegal financing includes potential crimes like subsidy fraud and abuse of power by officials.

Ryanair has firmly denied recent accusations that it received illegal subsidies from the Portuguese archipelago of the Azores. These allegations suggest that the subsidies were part of a deal aimed at offsetting airport fees on the islands.

Portuguese authorities embarked on searches this Tuesday, targeting public entities and law firms in the Azores and Lisbon. This action is part of an investigation into potential arrangements struck between the region and Ryanair, allegedly facilitating covert subsidies through improper contract awards for promoting the area abroad. Ryanair, in a statement issued late Wednesday, refuted having any existing agreement with the Azores.

The airline highlighted its announcement from November to cancel routes to the Azores, citing exorbitant fees imposed by airport operator ANA and a lack of governmental intervention. Ryanair has suspended operations in various European nations due to what it claims are excessive fees by airport operators. Amidst the unfolding investigation, five individuals have been formally charged, though their identities remain undisclosed.

(With inputs from agencies.)