The Albanian airline Air Albania is under heavy pressure because the responsible company office has changed the status of the company to "suspended". As a result, the company is threatened with a flight ban.

The background is that Air Albania is said to have refused to have the so-called beneficial owners entered in the company register. This is a legal obligation. In addition, contrary to the regulations, the company only submitted the annual financial statements for 2018. All subsequent balance sheets have not been submitted to the company office. Both circumstances are legal violations, which can be punished with fines but also with forced liquidation of the company.

Air Albania has already been fined the equivalent of 5.000 euros. The company was also clearly informed that the company and airline will be suspended from September 1, 2022. Nevertheless, one flies - at least for the time being - still between Tirana and Pisa. The further procedure is the responsibility of the authorities.

They want to have clarified the true ownership structure and the financial situation. Air Albania could therefore also be subject to an explicit flight ban, which could only be lifted after payment of the fine and submission of the documents required by the company office. When asked, Air Albania did not want to comment on the events.