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Alitalia successor: negotiations stalled

The airline is not getting out of the problems. The negotiations between the Italian government and the European Commission about a “new” Alitalia seem to have stalled. The main obstacle in the talks between Rome and Brussels is

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Ireland: Court approves Norwegian recovery plan

The restructuring plan presented by the management of the insolvent low-cost airline Norwegian Air Shuttle was approved by the Irish High Court on Friday. The carrier has filed for bankruptcy protection proceedings in Norway, Ireland and the USA. Of the

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Interjet announces bankruptcy filing

The Mexican low-cost airline Interjet will file for bankruptcy in the coming week, according to majority owner and company boss Alejandro del Valle. The manager told El Financiero newspaper that this step is necessary to get started

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Norwegian also files for bankruptcy in the US

The ailing airline Norwegian and the Group's own leasing company Arctic Aviation Assets have filed for bankruptcy in another country. Chapter 15 bankruptcy protection has been applied for at the competent court in New York. This paragraph is for

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CSA: Court opens bankruptcy proceedings

The Prague District Court opened insolvency proceedings against the Smartwings subsidiary CSA Czech Airlines. The first creditors' meeting is scheduled for June 7, 2021. The attorney Petr Pacholík was appointed as trustee. This has until the 17th

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CSA releases all ATRs

CSA Czech Airlines has decided to take all five ATR72-500 out of service. The last flight with a regional turboprop aircraft took place a few days ago - on March 4, it went back to the Czech capital via Stockholm / Arlanda.

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Norwegian writes off Boeing 737-Max-Order

The insolvent airline Norwegian Air Shuttle confirmed that the Boeing 737 Max aircraft that had been ordered will neither be accepted nor used in flight operations. The prerequisite for this, however, is that the low-cost airline successfully complete the creditor protection procedure

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MUC: Swissport offshoot toying with bankruptcy

The Swiss airport service provider Swissport is apparently planning drastic cuts at its subsidiary in Munich. The corona pandemic hit the aviation industry with full force. The airport service provider Swissport Losch is one of them. Alone at Munich Airport is the number of

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Bankruptcy: CSA is broke

The Smartwings subsidiary CSA filed for insolvency at the competent court in Prague. The carrier has already cut around 300 employees and only this week reported the remaining 430 employees to the employment office for dismissal. A

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