natgillin/translations-raw huggingface dataset:
1 September 2003 — 1 September 2014 [9 – 12] 2006 ASA (3 April 2006) 1 January 2006 — 31 December 2010
Cu toate acestea, Comisia consideră că analiza de regresie ar trebui să se bazeze pe datele de care ar fi dispus întreprinderea So.Ge.A.AL la momentul încheierii contractelor și, prin urmare, ar trebui să fie efectuată doar pentru perioada anterioară încheierii contractelor, și anume, în speță, 1998-2006 pentru contractele încheiate cu Germanwings și Volare și 1998-2009 pentru contractele încheiate cu Alitalia și Meridiana.
[6 – 9]
Spre deosebire de contractele din 2000, 2002 și 2003 încheiate cu Ryanair, pentru care Comisia a acceptat faptul că nu poate fi efectuată o analiză de regresie semnificativă pe baza unor date ex ante privind costurile și, prin urmare, au fost utilizate datele privind costurile pentru perioada 1998-2008 ca substitut pentru ceea ce ar fi estimat un operator economic privat în economia de piață în mod rezonabil la momentul încheierii contractelor respective (a se vedea considerentul 491), în cazul contractului din 2007 încheiat cu Germanwings și al contractului din 2010 încheiat cu Meridiana sunt disponibile mai multe puncte de date pentru efectuarea analizei de regresie ex ante a datelor privind costurile, de care întreprinderea So.Ge.A.AL ar fi dispus la momentul încheierii contractelor în cauză.
1 January 2010 — 31 December 2013
Comisia constată, de asemenea, că Italia a acceptat o abordare similară pentru analiza contractelor din 2006 încheiate cu Ryanair, care datează dinaintea încheierii contractelor din 2007 cu Germanwings.
[9 – 12]
De asemenea, Comisia ia notă de abordarea Italiei care nu ia în considerare „valoarea finală” pentru a ține seama de avantajele obținute după expirarea contractelor încheiate de întreprinderea So.Ge.A.AL cu Alitalia, Meridiana, Volare și Germanwings.
The Commission takes note that for the purpose of the profitability analysis of the 2006 and 2010 ASAs, Italy considered a duration of 10 years for the 2006 ASA and nine years for the 2010 ASA, rather than the period during which the agreement was set to apply initially, namely five and four years respectively.
Această abordare este în conformitate cu raționamentul Comisiei, astfel cum a fost prezentat în considerentele 445-450.
Italy did however also provide to the Commission the results of the profitability analysis when taking into account the initial duration of the 2006 and 2010 ASAs as strictly defined in those agreements.
În fine, conform constatărilor Comisiei, contractul de marketing încheiat cu Meridiana (aplicabil în perioada iunie 2010 – octombrie 2010) prevedea posibilitatea de prelungire a acestuia până în 2011 și 2012 în cazul în care numărul de pasageri transportați de compania aeriană ar fi depășit pragul minim specificat în contract.
In defence of its position, Italy argued that at the time of signing each of the agreements with Ryanair, So.Ge.A.AL had reasonable expectations that these would be renewed on similar terms.
Italia a explicat că, la momentul semnării contractelor, întreprinderea So.Ge.A.AL preconiza că Meridiana va atinge nivelul minim necesar al traficului de pasageri și că, prin urmare, aceasta va reînnoi contractul de marketing (și, în consecință, contractul de handling) cu So.Ge.A.AL în condiții similare.
In particular, based on the explicit provision in the 2006 ASA that the agreement could be extended for an additional five-year term until 1 January 2016, So.Ge.A.AL expected this agreement to be renewed on similar terms.
Comisia nu poate accepta acest argument.
Similarly, the 2010 ASA was expected to cover the period between 1 January 2010 and 31 December 2013, with the potential for the ASA to be extended for an additional five-year term until 31 December 2018.
În primul rând, contractul de marketing încheiat cu Meridiana nu prevedea nicio dispoziție explicită cu privire la o posibilă reînnoire a acestuia.
The Commission cannot accept this argument.
O astfel de clauză a fost inclusă doar în contractul de marketing.
First, neither the 2006 nor the 2010 agreement lays down its automatic prolongation once the agreement has run its full duration.
Comisia consideră că, în luna aprilie 2010, când a fost încheiat contractul de handling, întreprinderea So.Ge.A.AL nu se putea baza pe reînnoirea niciunui contract în condiții similare, o astfel de reînnoire fiind de natură ipotetică.
The 2006 ASA rather lays down that So.Ge.A.AL undertakes, upon expiry of the term of the agreements, to renegotiate a suitable airport use service package with Ryanair for an additional five-year term, provided that certain conditions are met, notably the carrier meets its obligations in terms of marketing services in full and So.Ge.A.AL obtains the concession to operate the airport beyond 1 January 2011.
Prin urmare, Comisia consideră că analiza rentabilității ar trebui să ia în considerare numai durata inițială de un an a contractului.
The Commission considers that based on that provision alone, in 2006 So.Ge.A.AL could not have relied on an extension, not the least on similar terms, such extension being hypothetical and depending in particular on Ryanair's willingness to accept it.
În același timp, Comisia ia act de abordarea Italiei pentru a justifica estimările întreprinderii So.Ge.A.AL în ceea ce privește reînnoirea contractului de handling, bazată pur și simplu pe posibilitatea unei prelungiri a contractului de marketing (mai degrabă decât a contractului de handling).
Indeed, the above-mentioned provision does not legally bind Ryanair to the conclusion of a new agreement with the airport manager, nor does it provide any certainty in respect of the observance by either party of the conditions in question, notably in view of the significant uncertainty surrounding the award of the comprehensive concession to the airport operator at that time.
Comisia consideră că această abordare face dificil de acceptat argumentul exprimat în cursul anchetei de Ryanair și AMS potrivit căruia contractele de marketing și de servicii aeroportuare pot fi ușor separate.
The Commission considers that the 2010 ASA provides even less certainty as to its potential extension.
Comisia a reconstituit analiza pe baza considerentelor 525-532.
Article 2 — ‘Term’ reads: ‘the agreement may be extended for an additional five-year period under the conditions and terms set forth herein, or as amended by the parties, provided that prior written consent can be reached by both parties at least six months prior to the expiry of the initial term. (…) Any subsequent renewal of this agreement shall be negotiated between the Parties, at least six months before the expiry of the additional term.’
VAN rezultate cu privire la contractele respective la momentul încheierii lor, pe parcursul perioadei prevăzute pentru aplicarea acestora, sunt prezentate în tabelul 18.
It is therefore evident that any extension of the agreement would have been subject to negotiations between the parties and could not therefore have been assumed by So.Ge.A.AL at the time the 2010 ASA was signed.
Tabelul 18
Second, the Commission notes that there is evidence in the case file that in 2009 tensions between So.Ge.A.AL and Ryanair put the contractual relation with the carrier at risk.
VAN ale contractelor încheiate de întreprinderea So.Ge.A.AL cu Air One/Alitalia, Meridiana, Volare și Germanwings
At that time Ryanair had conditioned the continuation of its operations at Alghero airport on the conclusion of a supplemental agreement.
VAN pe durata contractului (în mii EUR)
In fact, it is apparent from the minutes of So.Ge.A.AL's Board of Directors of 7 July 2009, 9 September 2009 and 23 February 2010 provided by Italy that the decision of the airport manager to eventually sign the new ASA with Ryanair for a five-year period took into account the fact that the latter agreement did not lay down penalties for the early termination of the agreement.
2007-2010
Ryanair had been forcefully asking for the conclusion of a supplemental agreement, which ‘will certainly result in the increase of the value of co-marketing contributions’.
2010-2015
Should such agreement not be signed immediately, the carrier would cease operation of all routes from Alghero airport [117];a document outlining the evolution of the arrangements with Ryanair and the current state of the relations with the airline, putting forward what in Ryanair's view would be the following steps, which included the cancellation or the reduction of the frequency of intra EU flights and their replacement with national routes was discussed [118];the Board inquired on the negotiating margin, if any, in respect of the contractual relation with Ryanair, ‘given that the shareholders had not given the Board a mandate to terminate the agreement with the carrier’ [119].(480) It also results from the minutes of So.Ge.A.AL's Shareholders Assembly of 26 October 2001 that the company considered the termination of the 2000 ASA before its expiry and that this generated long debates among the shareholders.
[12500-13000]
On this basis the Commission concludes that at the time the 2006 and 2010 Ryanair ASAs were concluded, So.Ge.A.AL could not have expected that those agreements are prolonged, or at least could not have expected that they are prolonged under the same contractual terms.
2010-2011
The Commission also notes that based on the information submitted by Italy, the agreement with another airline subject to the investigation, Germanwings, did not run its full duration and the carrier only operated from the airport in 2007.
Întrucât rezultatul actualizat preconizat este negativ pentru contractele încheiate cu Meridiana și Germanwings, Comisia constată că întreprinderea So.Ge.A.AL nu a acționat ca un operator economic privat atunci când a încheiat contractele respective.
Italy has in the course of the investigation clarified that the airline had decided to cease operations from the airport as it could not generate sufficient traffic to break even from a financial perspective.
Administratorul aeroportului nu ar fi putut preconiza că va acoperi cel puțin costurile marginale generate de oricare dintre contractele respective.
The Commission therefore concludes that for the purpose of the profitability analysis of the 2006 and 2010 ASAs, only the period laid down by the ASAs, namely five years for the 2006 ASA and four years for the 2010 ASA should be taken into account (the NPVs in Table 10 were calculated based on the initial duration of the agreements, as set out in the ASAs).
Întrucât, prin urmare, întreprinderea So.Ge.A.AL nu s-a comportat ca un operator economic privat în economia de piață, decizia sa de a încheia contractele în condițiile respective a acordat un avantaj economic companiilor aeriene Germanwings și Meridiana.
Besides, the Commission notes that the 2006 and the 2010 ASAs and marketing services agreements signed between So.Ge.A.AL, Ryanair and AMS, applied retrospectively, as follows:
Prezentarea generală a costurilor și veniturilor marginale care ar fi putut fi preconizate la momentul încheierii contractelor cu Meridiana și Germanwings este furnizată pe scurt în tabelul 19.
the 2006 ASA and the marketing services agreement were signed on 3 April 2006, but applied retrospectively from 1 January 2006;
Tabelul 19
the 2010 ASA and the marketing services agreement were signed on 20 October 2010, but applied retrospectively from 1 January 2010.
Rentabilitatea marginală a contractelor încheiate cu Germanwings și Meridiana
In other words, the agreements concluded in April 2006 and October 2010 simply formalised terms which were agreed before, ahead of the period during which these agreements applied retrospectively.
Venituri marginale preconizate din activități aeronautice
On that basis the Commission considers that considering each agreement over its scheduled duration is in line with an ex ante approach and that therefore in the analysis of the profitability of the 2006 and 2010 agreements, the period for which the agreements applied retrospectively should not be excluded.
Venituri marginale preconizate din activități non-aeronautice
However, based on the grounds detailed above, the Commission considers that the benefits a prudent MEO would expect from a marketing service agreement would be strictly limited to the term of operation of the carrier at the airport, as set out in the airport service agreement.
Costuri marginale preconizate
On this basis the Commission considers that any ‘terminal value’ aiming to reflect future benefits of the marketing services beyond the term of application of those agreements should be left out from of the analysis.
Cheltuieli aferente sprijinului pentru comercializare
The Commission also notes that Italy has not considered a ‘terminal value’ to account for benefits derived after expiry of the term of the agreements concluded by So.Ge.A.AL with Alitalia, Meridiana, Volare and Germanwings (see recital 528).
Rezultat nominal preconizat
Furthermore, the Commission finds that the approach taken by Italy in estimating the passenger numbers, and calculating on that basis the expected incremental aeronautical and non-aeronautical revenues (without prejudice to the assessment in the previous recital concerning the ‘terminal value’), is sound.
În schimb, s-ar fi putut preconiza că respectivele contracte încheiate cu Volare și Alitalia vor conduce la un rezultat actualizat pozitiv.
Although the Commission considers that the assumptions concerning the traffic projections should normally be exclusively based on the route frequencies and passenger targets stipulated in the ASAs and the load factor that could have been reasonably expected by So.Ge.A.AL at the time each ASA with Ryanair was concluded, given that at the time the 2006 and 2010 ASAs where signed So.Ge.A.AL expected Ryanair traffic to exceed the minimum targets set out in the agreements, the Commission agrees that So.Ge.A.AL's expectations at the time the agreements were signed, as set out in the business plans, represent the most accurate source for inferring So.Ge.A.AL's forecasts of Ryanair traffic at the time of signing the 2006 and 2010 ASAs.
Prin urmare, prin încheierea contractelor respective, întreprinderea So.Ge.A.AL nu a conferit un avantaj economic transportatorilor menționați.
The Commission in addition considers that So.Ge.A.AL's expectations of Ryanair's load factor, at the time of signing each of the agreements, as reasonable, since they were based on its experience and knowledge of the airline's business model.
Pe baza analizei profitabilității prezentate de Italia în ceea ce privește contractele încheiate de întreprinderea So.Ge.A.AL cu Alitalia și Volare, Comisia consideră că ar fi fost rațional pentru un operator economic privat în economia de piață care urmărește perspective de rentabilitate să accepte condițiile contractelor respective la data la care au fost încheiate acestea.
The Commission notes that, according to Italy, So.Ge.A.AL did not aim to recover the cost of the new passenger terminal from charges paid by Ryanair.
Prin urmare, contractele respective nu implică ajutor pentru transportatorii aerieni.
In this respect, it indeed appears that it was the development of tourism in general which required the expansion of Alghero airport's terminal capacity in order to accommodate anticipated growth in traffic.
Cu toate acestea, pe baza evaluării din considerentele 525-536, Comisia a ajuns la concluzia că nu a fost rațional pentru întreprinderea So.Ge.A.AL să încheie contractele cu Meridiana și Germanwings.
Prior to the investments being undertaken at Alghero airport, despite significant potential, the development of the tourism sector was impeded by a lack of international connectivity.
Fiecare dintre contractele respective implică un avantaj economic pentru transportatorul aerian în cauză.
Alghero airport had reached capacity constraints in 2003 and 2004, and, therefore, investments were required to enable the airport to handle more passengers.
Contractele încheiate cu bmibaby, Air Italy și Air Vallée
So.Ge.A.AL's business plan from 2004 predicted that total passenger numbers at the airport would increase by approximately 30 % in 2008 compared to levels prior to the expansion of the airport's capacity in 2004.
Astfel cum s-a menționat anterior, prin scrisoarea din 10 iunie 2014, Italia a furnizat Comisiei o analiză ex ante a rentabilității contractelor încheiate de întreprinderea So.Ge.A.AL cu alte companii aeriene care fac obiectul anchetei, și anume bmibaby, Air Italy și Air Vallée.
Indeed, none of the ASAs with Ryanair mentions any investments to be carried out by the airport manager.
Tabelul 20
In this sense, the Commission notes that the investment in the expansion of the terminal was approved by CIPE in 1997 and therefore long before Ryanair started operations at Alghero airport.
Contractele de handling încheiate cu bmibaby, Air Italy și Air Vallée
The application to ENAC for the comprehensive concession was part of So.Ge.A.AL's strategy with the objective to enhance the tourism sector by attracting low cost carriers.
Durata estimată a contractului
This strategy required the expansion of the terminal capacity to accommodate the anticipated traffic growth, a ‘comprehensive’ concession to ensure efficient and effective operations of the airport and contracts with low cost carriers.
Tarif de handling pe escală
On this basis, the Commission accepts that the investment costs connected to the new terminal are not imputable to any of the Ryanair agreements and therefore are not part of the incremental costs.
1 iunie 2008-31 decembrie 2010
The Commission further notes that expected incremental costs have been estimated by Italy following a bottom-up approach.
9 august 2010-30 august 2010
A regression analysis has been followed to identify how operating costs vary as passenger numbers change, in order to estimate incremental costs which could have expected by So.Ge.A.AL at the time of signing the ASAs with Ryanair.
29 mai 2010-30 septembrie 2010
In the first step, a regression analysis has been carried out to identify the impact of a change in the airport's passenger numbers on the airport's operating costs.
Metodologia urmată de Italia pentru a examina rentabilitatea marginală a contractelor încheiate între So.Ge.A.AL și Air Italy, Air Vallée și bmibaby este detaliată în considerentele 542-545.
In the second step, the estimate of the additional operating costs as a result of the Ryanair agreements has been derived from the results of the first step combined with forecasts of the number of Ryanair passengers.
Veniturile marginale provenite din activități aeronautice includ veniturile obținute din tarifele de aterizare, din tarifele de manipulare a bagajelor, din tarifele pentru serviciile destinate pasagerilor, din tarifele de handling pentru aeronave și din vânzarea de bilete.
For the 2006 and 2010 ASAs, the incremental cost data used by Italy in the regression pre-date the conclusion of the agreements which would have been available to So.Ge.A.AL at the date the airport manager entered the agreements in question.
Toate tarifele, altele decât cele de handling, s-au bazat pe lista tarifelor de aeroport, care este făcută publică.
However, since costs data are only available for the period 1998 – 2010, if a similar approach was followed for the 2000, 2002 and 2003 agreements there would be only two, three and four data points available respectively to conduct the regression analysis.
Veniturile marginale provenite din activități non-aeronautice au fost estimate în conformitate cu abordarea descrisă în considerentul 502.
The Commission agrees that this would be insufficient to obtain robust results.
Costurile marginale preconizate includ costurile legate de personal [127], handling, bunuri, servicii și materiale, precum și o alocare a costurilor de concesiune ale întreprinderii So.Ge.A.AL.
Absent sufficient ex ante data to allow to reconstruct the profitability analysis based on data which would have been available to So.Ge.A.AL at the time the agreements in question were signed, the Commission exceptionally (see recital 284) considers that for these agreements a regression based on outturn data for the whole period 1998-2010 is an acceptable proxy to what the reasonable expectations of a MEO would have been.
Întrucât contractele relevante încheiate de So.Ge.A.AL cu Air Vallée și bmibaby nu au vizat serviciile de marketing, analiza nu ia în considerare plățile aferente serviciilor de marketing.
Based on the assumptions detailed above, the Commission has reconstructed the ex ante profitability analysis of the agreements with Ryanair based on the incremental costs and revenues that could be reasonably expected by a market economy operator acting in lieu of So.Ge.A.AL at the time of the conclusion of each of the agreements under investigation in the present case.
A fost efectuată o analiză de regresie cu privire la numărul de pasageri și costurile la nivel de aeroport pe baza unor date ex ante de care întreprinderea So.Ge.A.AL ar fi dispus în momentul încheierii contractelor în cauză, și anume 1998-2007 pentru contractul încheiat cu Air Italy și, respectiv, 1998-2009 pentru contractele încheiate cu Air Vallée și bmibaby.
Indeed, it is clear from the various business plans drawn up by So.Ge.A.AL that the airport manager forecasted traffic growth based on its strategy to enhance the tourism sector by attracting international low-cost traffic, which was considered to produce a considerably higher passenger turnover than domestic activities [120].
Tabelul 21 prezintă pe scurt profitul marginal pe care întreprinderea So.Ge.A.AL preconiza că îl va obține din contractul încheiat cu Air Italy.
The table below presents the NPV of the cash flows expected from the Ryanair agreements based on the assumptions detailed above.
VAN a profitului marginal pe care întreprinderea So.Ge.A.AL preconiza că îl va obține în urma încheierii contractului cu Air Italy se ridică la 99330 EUR [128].
Table 11
Tabelul 21
NPVs of the cash flows expected from the Ryanair agreements
VAN ale fluxurilor de numerar preconizate în urma încheierii contractului din 2008 cu Air Italy (în EUR)
NPV over the duration of the agreement (million EUR) [121]
[30000-40000]
22 June 2000–21 June 2010
VAN [129] (pe durata contractului)
[4–8]
[90000-110000]
1 January 2002–31 December 2012
Tabelul 22 prezintă pe scurt profitul marginal pe care întreprinderea So.Ge.A.AL preconiza că îl va obține în urma contractelor încheiate cu Air Vallée și bmibaby.
1 January 2006–31 December 2010
Potrivit Italiei, estimările privind VAN sunt relativ scăzute, întrucât s-a estimat că respectivele contracte încheiate între So.Ge.A.AL, Air Vallée și bmibaby vor avea o durată de numai un an (sau mai puțin de un an).
1 January 2010–31 December 2013
Tabelul 22
[2–4]
VAN ale fluxurilor de numerar preconizate în urma încheierii contractelor cu Air Vallée și bmibaby (în EUR)
As the expected discounted result is positive for each of the Ryanair agreements, the Commission is satisfied that each of the ASAs with Ryanair was expected to be profitable at the time they were concluded and therefore in concluding the agreements in question So.Ge.A.AL did not grant an economic advantage to Ryanair and therefore do not constitute State aid.
[3000-3500]
Agreements with carriers other than Ryanair
[25000-26000]
Agreements with Alitalia, Volare, Meridiana and Germanwings
Comisia ia act de faptul că abordarea adoptată de Italia pentru estimarea numărului de pasageri și calcularea veniturilor marginale preconizate provenite din activități aeronautice și non-aeronautice, precum și a costurilor marginale aferente contractelor încheiate de întreprinderea So.Ge.A.AL cu Air Italy, Air Vallée și bmibaby este aceeași precum cea utilizată în cazul contractelor cu alți transportatori.
The Commission investigated So.Ge.A.AL's handling and marketing agreements with Alitalia, Volare, Meridiana and Germanwings, detailed in Table 12:
Prin urmare, Comisia concluzionează că se preconiza că respectivele contracte vor fi profitabile pentru întreprinderea So.Ge.A.AL la momentul încheierii acestora.
Table 12
Avantajul economic identificat în considerentul 534 a fost acordat pe o bază selectivă, întrucât numai companiile aeriene Meridiana și Germanwings au beneficiat de acesta.