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AUA boss cannot rule out bankruptcy

Austrian Airlines General Director Alexis von Hoensbroech does not expect that the price war with low costers will calm down after the corona crisis. In an interview with the daily Kurier, he said that it “would be naive to believe that

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Norwegian shareholders approve rescue plan

The management of the financially troubled airline Norwegian obtained the approval of its shareholders for further financing measures. Among other things, debts are to be converted into equity again. The issue of new shares is also intended to generate fresh money

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Norwegian flees under bankruptcy protection

The financially troubled low-cost airline Norwegian fled under bankruptcy protection in both Ireland and Norway. On Tuesday, a court in Oslo approved the company's motion. Norway followed the decision of Irish judges, who on

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