Ryanair is expected to reveal a new cost-agreement deal today with Belgian regional airport Charleroi, despite the company's pledge last month to cut the route from its London services following the European Commission's ruling.
According to the Guardian, the new deal would lower landing and passenger taxes for all carriers and would see Ryanair paying no more than €5 a passenger.
The new agreement will enable Ryanair to continue its cut-price Charleroi service from Britain, with some analysts predicting the low-cost carrier could even add new routes to or from its Brussels hub on the back of the deal.
If this latest deal passes scrutiny from the Commission, it's likely to dampen fears about the future viability of other sweet-heart pacts Ryanair is operating on around Europe.
However, the new Charleroi deal may be short-lived as the airport must re-negotiate landing agreements if it handles more than two million passengers a year. Last year it handled 1.8 million passengers.
Ryanair's share prices slumped after the EU Commission ruled in February that part of the subsidies the airline received from Belgium's Walloon regional government, which owns Charleroi airport, were illegal.
The €3 million fine levied came in the same month as a shock profits-warning from the airline's chief executive, Mr Michael O'Leary, that saw its shares crash from €7.55 to below €5, a slide that worsened to an 18-month low of €4.25 in March.