The Austrian Ministry of Transport and Austro Control have canceled the operating license and the AOC of the insolvent Level Europe. The last hopes for a possible continuation have thus finally been dashed.
Despite intensive efforts, no buyer or investor for the IAG subsidiary was able to had to file for bankruptcy in June 2020, being found. The regional court Korneuburg ordered Final closure at the end of 2020 of the company. The trustee then returned the permits to the authorities. The Ministry of Transport therefore canceled the operating license and Austro Control canceled the AOC.
In the meantime, not a single aircraft is registered with Level Europe GmbH. Last stood nor the OE-LCF formally in the Austrian register, but the Airbus A321 has meanwhile been registered as an EC-NLZ in Spain on Vueling. On January 20, 2021 there will be a subsequent examination conference statutes in the form of a video conference. Anything that has not yet been recycled will be put under the hammer in the next few weeks and months.
The sister company OpenSkies, which was in the air from Paris-Orly on the long haul under the level fire, is hardly doing better. So far, no bankruptcy has had to be filed, but the IAG has too dropped this daughter, On Buyer could not be found either and meanwhile got that too entire flight personnel the termination. Level, operated by Iberia, is only to be continued in Barcelona.