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The Indian low-cost airline Spicejet has been in a constant financial crisis for many years and is repeatedly confronted with lessors confiscating aircraft and/or creditors filing for bankruptcy against the company. Now they are targeting the insolvent competitor
The Estonian airline Nordica, a subsidiary of the state-owned Nordic Aviation Group, is in a serious financial crisis. In the first nine months of the current year alone there are losses of 11,9 million
The troubled financial situation at Pakistan International Airlines has worsened in recent days. At times you could only get fuel for immediate cash payment because the oil company with which you had a contract refused
The financial situation of the Marabu Airlines partner Nordica is apparently even more tense than previously assumed. The carrier and its subsidiary Xfly, which specializes in ACMI and charter services, are threatened with going to bankruptcy court in the third quarter if none is filed by then
The financial situation at Klagenfurt Airport is said to have been so tense that there was no longer enough money to pay the employees' wages and salaries on time. Just because of the fact that the
The Indian low-cost airline Spicejet has repeatedly caused a stir in recent months with some extremely unusual events. To put it simply, you are in a permanent dispute with the aviation authority. Now the finances seem too
The Romanian low-cost airline Blue Air has largely ceased flight operations. The company failed to pay a fine imposed by the Consumer Protection Agency. For this reason, the provisional seizure of bank balances and the blocking of company accounts were ordered by the court. Of the
The airline SAS fears that the pilots' strike could exacerbate the already existing financial crisis and at the same time potential investors could lose interest. Now they are interested in negotiations with the unions again. the
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 airline SAS was already struggling before the corona crisis, but the pandemic tightened the carrier's financial situation. Just a few weeks ago, company boss Anko van der Werff publicly pointed out that people are fighting for survival.
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