Lufthansa CEO slams Alitalia capital injection plans
Franz says limits exist in relation to 'repeated State aid'31 October, 17:00
Troubled airline Alitalia earlier this month announced a planned capital increase that includes a controversial injection of 75 million euros from Italy's State-owned post office.
European authorities have asked the carrier for more information on the transaction.
Franz made the comments during a conference call for analysts, in which he also added that repeated actions of State aid distort the level of the playing field. He said his company had repeatedly asked the European Union to apply the policy guidelines on this matter.
The International Airlines Group (IAG), which includes the airlines Iberia and British Airways, earlier this month said it was is considering taking legal action over a bailout package for the Italian carrier. At the time of the announcement, the group's chief executive Willie Walsh called the details of the capital increase plan "flagrant State aid"