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The insolvency administrator of the low-cost airline Flyr, which recently went bankrupt, does not have good news for creditors. After the lawyer was able to get an initial overview, he assumes that no funds will be available for non-priority claims
The Swedish charter airline Novair is finished. The company announced that the leases on the two Airbus A321neos have been terminated and the aircraft will be returned to the lessors shortly. For financial reasons
The recently insolvent airline Flybe will most likely not be able to take off again, because the liquidators have announced that talks with interested parties have not been successful. Now the processing follows. “Unfortunately there
The Mexican airline Aeromar had to cease flight operations after around 35 years. Recently, the company was plagued by financial difficulties. Since 2020, it is the second carrier in this country to have had to go out of business. Aeromar
The stalemate surrounding the sale of the insolvent Frankfurt-Hahn Airport is now also causing criticism from the works council, which emphasizes that all wages and salaries have hitherto arrived on time in the accounts. Background is that
The low-cost airline Viva Colombia had to apply for bankruptcy protection proceedings under Colombian law due to the severely tense financial situation. Only a few days ago it became known that the route network had to be cut due to lack of money. Actually you want to compete with the competitor
According to a media report by the British newspaper “Telegraph”, there should be prominent prospects for the insolvent low-cost airline Flybe. It is said to be Air France-KLM and Lufthansa. These are more likely to start
The sale of the insolvent Frankfurt-Hahn Airport, including sister companies and subsidiaries that are essential for operations, has stalled for some time. The district court of Bad Kreuznach has now convened a meeting of creditors for February 7, 2023. These find under exclusion
The insolvency administrator of Frankfurt-Hahn Airport has concluded a notarized purchase agreement with another interested party. The buyer was not named, but it is very likely that it is the owner of the Nürburgring. Before
Norwegian low-cost airline Flyr has run out of money just 19 months after its first commercial flight. On February 1, 2023, the carrier had to file for bankruptcy with the responsible municipal court in Oslo. Flight operations were already on Monday evening
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