natgillin/translations-raw huggingface dataset:
The existence of an economic advantage can be excluded, if the sale complies with the market conditions.
Eritasude kord kehtib kõikidele Lübecki lennujaama kasutavatele lennuettevõtjatele.
This can be assumed when a sale is carried out through a public tender and the following cumulative conditions are fulfilled [55]:
Jäätõrjeteenuste kasutamisel ei tehta selles lennuettevõtjatel vahet.
the shareholding is sold by a competitive tender that is open to all comers, transparent and non-discriminatory;
Igale Lübecki lennujaamas jäätõrje läbinud lennukile kehtivad samad tasud, mille aluseks on stardimass ning kasutatud jäätõrjevedeliku ja sooja vee kogus.
no conditions are attached to the sale which are not customary in comparable transactions between private parties and which are capable of potentially reducing the sales price; the shareholding is sold to the highest bidder;
Seega ei kujuta jäätõrjeteenuste tasud Lübecki lennujaamas endast võrdlussüsteemi erandit, sest lennujaama kasutavatel lennuettevõtjatel ei tehta vahet.
the bidders must be given enough time and information to carry out a proper evaluation of the assets upon which their bid is based.
Komisjoni arvates ei ole jäätõrjetasud seega ilmselgelt valikulised.
(245) These conditions were met by the tender taking place in March 2005.
Seetõttu ei ole vaja uurida, kas tasud on (võrdlus-)baasi olemuse või üldise ülesehituse põhjal õigustatud.
As there were five different undertakings indicating their interest in buying the airport, it is not apparent that only Infratil was able to submit a credible bid.
Lennukite jäätõrjetasusid ei saa seega käsitleda riigiabina Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses.
Furthermore the public tender procedure was designed to ensure effective and non-discriminatory competition under German national law.
JÄRELDUS
(246) The Commission observes that the sales price in the first purchase agreement of March 2005 amounted to EUR […].
Otsuse tegemine selle kohta, kas võimalik FLG-le antud riigiabi kujutab endast riigiabi Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses ja selle saab sellisel juhul tunnistada siseturuga kokkusobivaks, ei ole vajalik.
However, the terms of the agreement were renegotiated in October 2005.
Isegi kui FLG ja Yasmina vahel oleks majanduslik järjepidevus, ei oleks võimalik abi enam Yasminalt sisse nõuda, sest Yasmina lõpetati ja tema varad võõrandati Saksa õiguse kohases pankrotimenetluses kohtu järelevalve all.
The resulting conditions for Purchase Price II, as well the agreed deductions mentioned in recital 83 were not an outcome of the original tender procedure.
FLG osade müük Infratilile 2005. aastal ei andnud Infratilile eelist, kuna Lübecki linn tegutses osade müümisel turumajanduse tingimustes tegutseva ettevõtjana.
Therefore, in order to assess whether the agreed price meets the market requirements, the MEO principle needs to be applied.
Ka 2009. aastal toimunud uued läbirääkimised müügioptsiooni üle ning tulevase kahjumi ja edasiste investeerimis- ja muude kulude ülevõtmine vastavalt 2009. aasta lisalepingule ei andnud Infratilile eelist.
(247) In order to establish whether Hansestadt Lübeck would have been able to negotiate a higher purchase price, the prevailing circumstances, in particular the level of risk from the exercise of the put option for Infratil and the potential losses resulting therefrom have to be taken into consideration.
Ka siin tegutses Lübecki linn turumajanduse tingimustes tegutseva ettevõtjana.
As outlined in recital 240, even taking into account the EUR […] of losses covered by the Hansestadt Lübeck, Infratil had to expect additional financial losses between EUR […] and EUR […] when exercising the put option.
2000. aasta leping FLG ja Ryanairi vahel oleks ettevaatavalt kaaludes lennujaama kasumlikkusele kaasa aidanud.
However, as noted in recital 234, Hansestadt Lübeck had to expect Infratil to attribute a higher risk to the planning approval process.
ON VASTU VÕTNUD KÄESOLEVA OTSUSE:
With regard to the passenger numbers, Germany argues that Ryanair announced to establish a base at Lübeck airport if existing runways would be enlarged and that the establishment of a base was expected to lead to passenger numbers of […] per year.
Artikkel 1
The Commission notes that actual passenger numbers at Lübeck airport did not reach this threshold but rather decreased between 2005 and 2008 to 544339 in 2008 (see Table 1).
Otsuse tegemine selle kohta, kas võimalik FLG-le antud riigiabi kujutab endast riigiabi Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses ja selle saab sellisel juhul tunnistada siseturuga kokkusobivaks, ei ole vajalik, sest FLG on oma majandustegevuse lõpetanud ja abi sissenõudmine ei ole enam võimalik.
However, the Commission notes in this context that circumstances, like the effects of the financial crisis, which could not have been anticipated in 2005, may explain a significant deviation between expected and actual passenger numbers.
Artikkel 2
The Ecorys study commissioned by the Commission as well as the expert report drawn up by Ernst & Young ordered by HL in 2005 expected the passenger numbers to rise to […] in 2008.
90 % FLG osade müük Infratilile ja 2009. aasta läbirääkimistel müügioptsiooni suhtes kokku lepitud uued tingimused ei kujuta endast riigiabi Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses.
This figure was based on the assumption that a planning approval would be obtained in the first half of 2008 and that construction works at Lübeck airport would be postponed until the end of 2008.
Artikkel 3
Based on this numbers, it would have been rather reasonable for Hansestadt Lübeck to consider the possibility that passenger numbers would remain below the threshold of […].
2000. aasta leping Ryanairi ja Lübecki lennujaama vahel ei kujuta endast riigiabi Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses.
Since reaching the passenger number threshold was a pre-condition for the put option to lapse, and since the obtaining of the planning approval was uncertain, the exercise of the put option had to be considered as an option.
Artikkel 4
Thus given the reasonable possibility of Infratil exercising the put option and the corresponding risk of high losses, the Commission assumes that a private shareholder would not have been able to negotiate a higher purchase price, as the deal would otherwise not have been profitable for a potential investor.
Lennukite jäätõrjetasud ei kujuta endast riigiabi Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses.
The Commission therefore regards Hansestadt Lübeck's decision to accept a sales price of EUR […] with the agreed deductions as specified in the 2005 Participation Agreement to be economically sound.
Artikkel 5
This result corresponds to the findings of the Ernest & Young study, which estimates the revenues from the sale of the shares in FLG at about EUR […] and therefore concludes that the agreed price would have been accepted by a private investor in a comparable situation.
Käesolev otsus on adresseeritud Saksamaa Liitvabariigile.
The Ecorys study estimates a much higher market value for the shares of about EUR […].
Brüssel, 7. veebruar 2017
However, the study does not consider the high financial risks for Infratil when exercising the put option as outlined in recitals 247 and 248.
Komisjoni nimel
The varying numbers used for the calculation with regard to investments/CAPEX further contribute to a different risk assessment of both studies.
ELT C 287, 29.11.2007, lk 27.
In the light of these considerations, the Commission concludes that Purchase Price II as specified in the 2005 Participation Agreement complies with the market conditions and that no economic advantage has been granted to Infratil.
Infratil on Uus-Meremaa finantsvaldusettevõtja, kes on spetsialiseerunud taristuinvesteeringutele energia, lennujaamade ja ühistranspordi valdkonnas.
Conclusion on the overall profitability of the deal
Infratil oli eelkõige järgmiste lennujaamade omanik ja käitaja: Wellingtoni rahvusvaheline lennujaam Uus-Meremaal; Glasgow Prestwicki lennujaam ja Kenti rahvusvaheline lennujaam Ühendkuningriigis.
It follows from the assessment of the measure set out above that Hansestadt Lübeck was faced with the decision to either close the airport, to continue its loss-making operation or to sell Lübeck airport.
Vahepeal on ettevõtja oma osalused Euroopa lennujaamades võõrandanud.
Hansestadt Lübeck chose the most economic option available when deciding to sell the airport.
Ryanair on Iiri lennuettevõtja ja Euroopa Odavlennuettevõtjate Liidu (European Low Fares Airlines Association, ELFAA) liige.
When assessing the concrete terms of the 2005 Participation Agreement, the interrelation of the two scenarios (i.e. Purchase Price I and the put option and Purchase Price II) needs to be taken into account.
Tema äritegevus hõlmas teise järgu piirkondlikke lennujaamasid.
As it has been found that it was reasonable from an ex ante perspective to consider both the payment of Purchase Price II and the exercise of the put option as possible, the risks for both parties resulting from this have to be considered.
Lennuettevõtja teeb praegu lende ligikaudu 160 sihtlennujaama Euroopas.
Especially with regard to the potential financial losses of Infratil resulting from the exercise of the put option, the Commission considers it unlikely that a private seller in the stead of Hansestadt Lübeck would have been able to negotiate a more favourable agreement.
Ryanair kasutas ühesugust lennukiparki, mis koosnes 272st 189 istekohaga lennukist Boeing 737–800.
The Commission therefore concludes that Hansestadt Lübeck acted like a MEO when negotiating the 2005 Participation Agreement.
Ryanair tegi algatamisotsuse tegemise ajal 2007. aastal Lübecki lennujaamast iga nädal 23 lendu viide Euroopa sihtlennujaama: London-Stansted (Ühendkuningriik), Milano-Bergamo ja Pisa (Itaalia), Palma de Mallorca (Hispaania) ja Stockholm-Skavsta (Rootsi).
As a result, the measure did not grant Infratil any economic advantage and did not constitute State aid.
ELT C 295, 7.12.2007, lk 29.
The 2009 Additional Agreement and the renegotiation of the put option — Takeover of losses, investments and other costs of FLG in 2009
Peter C. Klanowski ja Horst Conrad.
As stated above, the 2009 Additional Agreement signed on 12 November 2008 did not modify the amounts payable for the put option under the 2005 Participation Agreement, but included the takeover of losses, agreed investments and other costs related to the operation of Lübeck airport in 2009, resulting in a total put option price of EUR […] (see recital 90).
Nõukogu 22. märtsi 1999. aasta määrus (EÜ) nr 659/1999, millega kehtestatakse üksikasjalikud eeskirjad EÜ asutamislepingu artikli 93 [praegu Euroopa Liidu toimimise lepingu artikli 108] kohaldamiseks (EÜT L 83, 27.3.1999, lk 1).
In its 2012 Opening decision, the Commission had opened investigations into two separate measures:
Komisjoni teatis „Suunised lennujaamadele ja -ettevõtjatele antava riigiabi kohta“ ( ELT C 99, 4.4.2014, lk 3).
the takeover of losses, investments and other measures of FLG in 2009,
ELT C 113, 15.4.2014, lk 30.
the difference between the put option price agreed in 2005 and the actual put option price paid.
SGF on vabaühendus, mis on registreeritud vastavalt Euroopa Parlamendi ja nõukogu 26. mai 2003. aasta direktiivile 2003/35/EÜ, milles sätestatakse üldsuse kaasamine teatavate keskkonnaga seotud kavade ja programmide koostamisse ning muudetakse nõukogu direktiive 85/337/EMÜ ja 96/61/EÜ seoses üldsuse kaasamisega ning õiguskaitse kättesaadavusega (ELT L 156, 25.6.2003, lk 17).
However, on the basis of the information received, the Commission finds that these two issues concern the same measure, namely the 2009 Additional Agreement between Hansestadt Lübeck and Infratil.
Enne algatamist uuriti riigiabijuhtumite CP 31/2009 (SA.27585) ja CP 162/2010 (SA.31149) meetmeid.
To determine whether the put option price under the 2009 Agreement included an economic advantage for Infratil, the Commission needs to apply the MEO test.
ELT C 241, 10.8.2012, lk 56.
In order to be able to determine whether Hansestadt Lübeck chose the financially most advantageous option available, the Commission has to place itself in the position of a private shareholder at the time when the agreement was signed [56].
Arbeitsgemeinschaft Deutscher Verkehrsflughäfen (Bundesverband der deutschen Verkehrsflughäfen).
The Commission finds that after Infratil announced its intention to exercise its put option in 2009, Hansestadt Lübeck was faced with the following options:
Yasmina oli füüsilisele isikule, nimelt saudile Adel Mohammed Saleh M. Alghanmile, kuuluva investeerimisettevõtte 3Y Logistic und Projektbetreuung GmbH (edaspidi „3Y“) 100 % tütarettevõte.
close the airport;
Yasmina asutati Lübecki lennujaama ostmiseks ja käitamiseks.
search for a new private operator and meanwhile
Kohtuotsus, Üldkohus, 9. september 2014, Hansestadt Lübeck vs. Euroopa Komisjon, T-461/12, ECLI:EU:T:2014:758.
resume the operation of the airport; or
Kohtuotsus, Euroopa Kohus, 21. detsember 2016, Euroopa Komisjon vs. Hansestadt Lübeck, C-524/14 P, ECLI:EU:C:2016:971.
sign the 2009 Additional Agreement so that Infratil would continue the operation of the airport until a new operator was found.
Vt Lübecki lennujaama veebisait: http://www.flughafen-luebeck.de/images/02-unternehmen/06-zahlen_fakten_daten/02-monatsstatistik/ab2000.pdf (22. mai 2015. aasta seisuga).
The option of closing the airport (option a) would have required Hansestadt Lübeck to pay the put option price of EUR […] (see recital 238) immediately and to initiate the procedure for closing the airport, facing additional costs (see the Berenberg study, presented in Table 9).
Lübecki linnanõukogu koosneb linnakodanike esindajatest.
In the first subscenario of option b (Hansestadt Lübeck resumes operation of the airport until a new private investor is found), Hansestadt Lübeck would have had to pay the put option price to Infratil laid down in the 2005 Participation Agreement and to cover all costs arising from the operation of the airport until a new investor would be found.
ELT 2012/S 156-261107, 16.8.2012 (http://ted.europa.eu/udl?uri=TED:NOTICE:261107-2012:TEXT:EN:HTML&tabId=1).
Deriving from the put option price paid in 2009 (see Table 3), the costs for operating losses, investment, the planning approval process and legal costs alone would have amounted to EUR […].
Komisjoni 19. jaanuari 2005. aasta otsus riigiabi juhtumis N N644i/2002 – Saksamaa – Munitsipaalinfrastruktuuri arendamine liitvabariigi valitsuse „Piirkondlike majandusstruktuuride edendamise“ plaani II osa 7. jao kohaselt, i) piirkondlike lennujaamade rajamine või laiendamine ( ELT C 126, 12.5.2005, lk 10).
Therefore, already by October 2009, Hansestadt Lübeck would have faced costs of approximately EUR […] (put option price according to 2005 Participation Agreement plus operating costs for November 2008 to October 2009).
Planeeringu kehtestamise otsuse, mis tehti 20. jaanuaril 2005, oli mõeldud Lübecki lennujaama arendamiseks ja hõlmas mitut taristumeedet, vaidlustasid erinevad pooled kohtus.
Germany submitted that a resale of FLG to a new private investor would have required a new Union wide tender procedure, which is estimated to take a minimum of 12 months.
Üleminekumenetluses tegi kõrgem halduskohus kaks lõplikku otsust: Schleswigi kõrgema astme halduskohtu 18. juuli 2005. aasta otsus 4MR1/05 ja Schleswigi kõrgema astme halduskohtu 21. oktoobri 2005. aasta otsus 101/05.
The Commission notes that a private operator would indeed have taken into account the estimated duration of the tender procedure.
Nende otsuste alusel keelduti planeeringu kehtestamisest.
In this scenario, assuming that Infratil would exercise its put option in October 2009, Hansestadt Lübeck would have had to pay the put option price under the 2009 Additional Agreement.
EÜ asutamislepingu artiklite 92 ja 93 ning EMP lepingu artikli 61 kohaldamine lennundussektorile antava riigiabi korral (EÜT C 350, 10.12.1994, lk 5).
As this price consists of the put option price of the 2005 Participation Agreement and additional costs relating to the operation of the airport in 2009, the potential costs for Hansestadt Lübeck are comparable to those of the second scenario.
Kohtuotsus, Euroopa Kohus, 16. mai 2002, Prantsusmaa vs. komisjon („Stardust Marine“), C-482/99, ECLI:EU:C:2002:294.
The 2009 Additional Agreement had however an advantage for HL in so far as it provided Hansestadt Lübeck with the time to prepare a tender to find a new investor.
Kohtuotsus, Üldkohus, 3. märts 2010, Bundesverband deutscher Banken vs. komisjon (Helaba I), T-163/05, ECLI:EU:T:2010:59.
Furthermore, the immediate departure of Infratil carried the risk of causing Ryanair to reduce its services at Lübeck airport, and thereby to potentially enlarge future operating losses.
Kohtuotsus, Euroopa Kohus, 24. juuli 2003, Altmark Trans GmbH ja Regierungspräsidium Magdeburg vs. Nahverkehrsgesellschaft Altmark GmbH, C-280/00, ECLI:EU:C:2003:415.
In the light of these considerations, the Commission concludes that signing the 2009 Additional Agreement was the most advantageous option available and that Hansestadt Lübeck therefore acted like a MEO.
21. detsembri 2009. aasta äriplaan „Takeoff Konzept“, vt http://www.luebeck.de/stadt_politik/rathaus/wahlen/files/M21_Take_off_Konzept_HL-Umdruck_17-156_WA_Ltsh.pdf.
In view of the comparison of the different options and the related costs, it can be concluded that the 2009 Additional Agreement was in line with the MEO principle, since it constituted the least financially burdensome and most economically forward looking option at the time.
Kohtuotsus, Esimese Astme Kohtu otsus, 17. detsember 2008, Ryanair vs. komisjon (Charleroi), T-196/04 ECLI:EU:T:2008:585.
This has proven to be true from an ex post perspective, since a new investor was only found in 2012.
Kohtuotsus, Üldkohus, 28. märts 2012, Ryanair Ltd. vs. komisjon, T-123/09, ECLI:EU:T:2012:164.
Like the 2005 Participation Agreement, the 2009 Additional Agreement also contains a limit for the operating losses and investment costs to be paid by Hansestadt Lübeck.
[39] Nõukogu 12. märtsi 2001. aasta direktiiv 2001/23/EÜ ettevõtjate, ettevõtete või nende osade üleminekul töötajate õigusi kaitsvate liikmesriikide õigusaktide ühtlustamise kohta (EÜT L 82, 22.3.2001, lk 16).
On the basis of those considerations, the Commission concludes that there was no economic advantage granted to Infratil and thus the measure did not constitute State aid.
BGB, 18.8.1896, § 613a 242.
Economic advantage
Hoolsuskohustuse audit tähendab ettevõtja üksikasjalikku uurimist, mille korraldab üldjuhul ostja võimaliku koondumise, ülevõtmise, erastamise või võrreldava õigustehingu eesmärgil.
Where an airport has public resources at its disposal, aid to an airline can, in principle, be excluded where the relationship between the airport and the airline satisfies the MEO test.
Komisjoni teatis riigiabi mõiste kohta Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses (ELT C 262, 19.7.2016, lk 1, punkt 94).
Under the 2014 Aviation Guidelines [57], the existence of aid to an airline using a particular airport can, in principle, be excluded if the price charged for the airport services corresponds to the market price (‘first approach’), or if it can be demonstrated through an ex ante analysis — that is to say one founded on information available when the aid is granted and on developments foreseeable at the time — that the airport/airline arrangement will lead to a positive incremental profit contribution for the airport and is part of an overall strategy leading to profitability at least in the long term (‘second approach’).
Kohtuotsus, Üldkohus, 13. september 2010, Kreeka vs. komisjon, T-415/05, ECLI:EU:T:2010:386, punkt 146.
The second approach means that it must be assessed whether, at the date when an agreement was concluded, a prudent market economy operator would have expected the agreement to be incrementally profitable.
Samas.
This to be measured by the difference between the incremental revenues expected to be generated by the agreement (that is, the difference between the revenues that would be achieved if the agreement were concluded and the revenues that would be achieved in the absence of the agreement) and the incremental costs expected to be incurred as a result of the contract (that is, the difference between the costs that would be incurred if the agreement were concluded and the costs that would be incurred in the absence of the agreement), the resulting cash flows being discounted with an appropriate discount rate.
Euroopa Kohus on seisukohal, et majanduslik järjepidevusetus võib osutada finantsilisele järjepidevusele.
As regards the first approach (a comparison with the ‘market price’), the Commission does not consider that, at the present time, an appropriate benchmark can be identified to establish a true market price for services provided by airports [58].
Kohtuotsus, Euroopa Kohus, 11. detsember 2012, komisjon vs. Hispaania, C-610/10, ECLI:EU:C:2012:781, punkt 106.
It therefore considers an ex ante incremental profitability analysis to be the most relevant approach for the assessment of arrangements concluded by airports with individual airlines.
5. oktoobri 1994. aasta pankrotiseadus (BGBl.
It should be noted that, in general, the application of the MEO principle based on an average price on other, similar markets may prove helpful if such a price can be reasonably identified or deduced from other market indicators.
I, lk 2866), viimati muudetud 20. novembri 2015. aasta seaduse (BGBl.
Moreover, the liberalisation of the air transport market complicates any purely comparative analysis.
Kohtuotsus, Euroopa Kohus, 29. aprill 1999, Hispaania Kuningriik vs. komisjon, C-342/96, ECLI:EU:C:1999:210, punkt 41; kohtuotsus, Euroopa Kohus, 11. juuli 1996, Syndicat français de l'Express international (SFEI) jt vs. La Poste jt, C-39/94, ECLI:EU:C:1996:285.
As can be seen in this case, commercial practices between airports and airlines are not always based exclusively on a published schedule of charges.
Vt näiteks Kohtuotsus, Esimese Astme Kohtu otsus, 12. detsember 2000, Alitalia vs. komisjon, T-296/97, ECLI:EU:T:2000:289; kohtuotsus, Esimese Astme Kohtu otsus, 6. märts 2003, WestLB vs. komisjon, T-228/99 ja T-233/99, ECLI:EU:T:2003:57; kohtuotsus, Esimese Astme Kohtu otsus, 29. märts 2007, Scott SA vs. komisjon, T-366/00, ECLI:EU:T:2007:99; kohtuotsus, Euroopa Kohus, 8. mai 2003, Itaalia ja SIM 2 Multimedia SpA vs. komisjon, C-328/99 ja C-399/00, ECLI:EU:C:2003:252; kohtuotsus, Esimese Astme Kohtu otsus, 12. detsember 1996, Air France vs. komisjon, T-358/94, ECLI:EU:T:1996:194.
Rather, these commercial relations vary to a great extent.
Konkurentsipoliitika XXIII aruanne, 1993, lk 255.
They include sharing risks with regard to passenger traffic and any related commercial and financial liability, standard incentive schemes and changing the spread of risks over the term of the agreements.
Komisjoni 19. juuni 2013. aasta otsus riigiabi SA.36197 (13/N) kohta – Portugal – ANA erastamine – Portugali lennujaamad, C(2013) 3546 final (ELT C 256, 5.9.2013, lk 3); kohtuotsus, Euroopa Kohus, 10. juuli 1986, Belgia vs. komisjon, 40/85, ECLI:EU:C:1986:305.
Consequently, one transaction cannot really be compared with another based on a turnaround price or price per passenger.
Kohtuotsus, Euroopa Kohus, 16. mai 2002, Prantsusmaa vs. komisjon („Stardust Marine“), C-482/99, ECLI:EU:C:2002:294, punkt 71.
In addition, benchmarking is not an appropriate method to establish market prices if the available benchmarks have not been defined with regard to market considerations or the existing prices are significantly distorted by public interventions.
Uuringu koostas Berenberg Consult GmbH (Hamburgi erapanga Berenbergi tütarettevõtja).
Such distortions appear to be present in the aviation industry, for reasons explained in paragraphs 57 to 59 of the 2014 Aviation Guidelines:
Vt Euroopa Komisjoni konkurentsipoliitika XXIII aruanne, punkt 403, 1993; Komisjoni teatis riigiabi mõiste kohta Euroopa Liidu toimimise lepingu artikli 107 lõike 1 tähenduses (ELT C 262, 19.7.2016, lk 1), punkt 4.2.3.1.