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Luxair has to accept a big minus

The small airline from Luxembourg has to put the red pencil on thick: the bottom line is that Luxair is making a loss of 155 million euros. The Luxembourg airline made a loss of 72,8 million euros, while in

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MUC: Pandemic causes loss of hundreds of millions

The global corona pandemic with its serious effects on travel will lead to a three-digit million loss for the Bavarian airport operator - despite countermeasures taken immediately - in 2020 according to preliminary calculations. Recorded by Flughafen München GmbH

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Air Malta is losing 170.000 euros a day

The state-run Air Malta is up to its neck. The coronavirus pandemic is leaving a crater in the aviation industry. And although the vaccination campaigns are progressing, the demand from the airlines remains at a low level. So also with

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Risk of bankruptcy: Two CSA planes chained

The financial situation of Skyteam member CSA Czech Airlines has apparently worsened massively. Local media write that the Smartwings subsidiary is in acute danger of bankruptcy. A maintenance company put two ATR72 on the chain because of unpaid bills. Behind

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Norwegian reduces the fleet to 53 machines

Norwegian would like to realign itself to all appearances: The ailing airline will reduce its fleet by half. This means that only 53 aircraft would remain in the airline's fleet. The airline has not least because of the

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