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The financial situation of the Scandinavian Star Alliance member SAS is very tight. The Swedish state does not want to provide any further financial aid. However, the Economy Ministry announced that the debt it has to the state will be converted into equity
The German capital's airport BER also ended 2021 with a loss: On the balance sheet date, a loss of 530,8 million euros was reported that was not covered by equity. For 2022, however, the operator promises an operating profit.
Fraport AG has received compensation totaling around 160 million euros from the Federal Republic of Germany and the State of Hesse for the uncovered reserve costs incurred in the first lockdown of last year at Frankfurt Airport
The US airline United Airlines wants to get fresh money again in the Corona crisis. To this end, the company wants to issue up to around 25,3 million new shares to investors, as reported by the aviation portal CH-Aviation. It could be a
The Gategroup, which is strongly represented in the aviation catering sector, reached an agreement with its shareholders and creditors on a debt rescheduling. The group came under pressure due to the sharp drop in demand due to the corona pandemic. The major shareholders RRJ Capital and
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