EU boost for regional airports

http://www.guardian.co.uk/business/story/0,3604,1564063,00.html

The European commission yesterday gave approval for a big expansion of EU regional airports, including more than a dozen in Britain, to combat congestion at major hubs and encourage low-cost airlines. It set strict guidelines for state aid to airports handling fewer than 5 million passengers a year that enable them to hand over up to 50% of a low-cost carrier’s start-up costs.

The rules arise out of a row with Ryanair, Europe’s biggest low-cost carrier, over aid from the Belgian regional airport at Charleroi to persuade the airline to move there.

Could be good news for the likes of EXT, BOH, SOU, HUY, LBA, DSA, etc