EC APPROVES HELP TO AIRLINES

EC APPROVES HELP TO AIRLINES    The European Commission announced on Thursday that it has approved the aid measures introduced by Austria, Denmark, France, Germany and Spain to compensate their airlines against the costs that followed the terrorist attacks in the U.S.
   The EC recently published guidelines on compensation for airlines, saying that some types of aid, including aid for insurance to compensate for damage caused by natural calamities or other extraordinary events, could be granted to the air transport industry by way of exception.
   Airlines were left without insurance following the attacks in the U.S., the EC said.
   The EC had already approved emergency compensation by the governments of the United Kingdom, Luxembourg, Portugal and Belgium.