IAG has filed a complaint with the European Union on Wednesday about the rescue by the UK Government of the regional airline Flybe because it «worries» that this aid violates state incentive regulations.
According to the ‘Financial Times’, the British Government agreed to a rescue package for the airline, including a short-term postponement of some of Flybe’s passenger payments, a game that amounts to up to 106 million pounds sterling (123 million of euros), as well as a possible loan.
Given this, the current CEO of IAG, Willie Walsh, has described the support of the Government as a «misuse» of public funds, since he considers that taxpayers are paying «the bill for mismanagement» of the company.
Part of the ownership of Flybe belongs to Virgin Atlantic, which owns Delta Airlines, so Walsh has stated that it is these companies that «want the taxpayer to pay bad management» and has indicated that the «precarious situation» of This company «mocks» the shareholders. The manager has sent a letter to the British Secretary of State for Transportation, Grant Shapps, which has been published by the BBC.
In addition, the British newspaper also collects complaints from other companies about this rescue, such as easyJet CEO Joahn Lundgren, who has argued that taxpayers «should not be used to rescue individual companies,» or Ryanair, which has requested that stress tests be reinforced for «financially weak» airlines and tour operators so that the taxpayer «does not have to rescue him».
Although Flybe operates in regional airports where other companies do not, it is the competence of these other airlines on some national routes in the United Kingdom.
For its part, the British Government insists that Flybe has not received any «special treatment» and that any changes in passenger rights or regional connectivity resulting from any revision will be applied to all airlines «in the competitive market of the aviation».