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Level Europe: AK and trustee inform the workforce

The Chamber of Labor of Lower Austria and bankruptcy administrator Michael Lentsch gave the employees of the insolvent Level Europe GmbH information about the current state of affairs and informed them about the application for insolvency remuneration. The bankruptcy of the

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Open letter from the Level Europe GmbH staff

The bankruptcy of the Austrian IAG subsidiary came as a surprise for the employees. They are now addressing Chancellor Sebastian Kurz and Finance Minister Gernot Blümel in an open letter. A demonstration will take place on Ballhausplatz on Wednesday. The

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Future unclear at Brussels Airlines

The future of the Belgian crane subsidiary is not yet in the towel. If the state aid fails, Lufthansa could even send Brussels Airlines into bankruptcy. A few weeks ago, Brussels Airlines announced that it would be shorter due to the corona

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LOT applies for a second AOC

The newly founded LOT Polish Airlines is now to receive an operating certificate - as reported by ch-aviation.com, the new PGL subsidiary applied for the AOC last week. This ends the rumors of an intended bankruptcy of the country's current airline

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State aid: Level Europe missed out - bankruptcy!

Because the IAG subsidiary did not receive any state aid, bankruptcy had to be filed. This emerges from a publication by the Kreditschutzverband from 1870. According to the credit protection association, the insolvent airline Level applied to the Korneuburg Regional Court in 1870

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Level bankruptcy: Wizzair offers rescue fares

The Hungarian low-cost airline Wizzair is offering special fares to passengers of its insolvent competitor Level Europe. By entering the PNR code of the original booking, one-way tickets can be booked for 31 euros for trips up to July 2020, 9,99. this applies

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IAG sends Level Europe bankrupt

Less than two years after the first flight, which was accompanied by a 1-cent ticket campaign, the IAG offshoot Level Europe GmbH files for bankruptcy. The Austria experiment is thus over for the IAG. The International Airlines Group is sending theirs

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Poland: LOT bankruptcy not excluded

The Condor takeover was called off due to the corona. Now the Polish government wants to put together a rescue package for LOT. Before the Corona crisis, the LOT parent PGL wanted to take over the German holiday airline Condor, but now the Polish Star Alliance member itself is stumbling heavily.

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Latam Airlines files for bankruptcy

The largest airline group in South America is bankrupt and wants to reposition itself with Chapter 11 bankruptcy proceedings in the USA. The corona crisis does not stop in South America either. Now, of all things, the largest airline on the double continent is hit: Latam

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