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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
Not even a year has passed since the first flight of the "new Flybe" and already one is broke and had to stop flight operations. According to the company, 276 jobs are about to disappear. For affected passengers one can
Frankfurt-Hahn Airport seems to magically attract problems relating to buyers, because Swift Conjoy GmbH has still not paid the purchase price. The deadline has been repeatedly extended. Insolvency administrator Jan-Markus Plathner is now examining
The British Volga-Dnepr subsidiary Cargo Logic Air is in bankruptcy proceedings. The company had to take this step because it was heavily influenced by the sanctions imposed in the aftermath of the Russian Federation's military invasion of Ukraine
The purchase price for the sale of the insolvent Frankfurt-Hahn regional airport has not yet been paid. According to the “Cochemer Wochenspiegel”, the insolvency administrator has extended the deadline to November 15, 2022. Insolvency administrator Jan Markus Plathner explained that it
The bankruptcy proceedings, which were opened almost four and a half years ago over the former airline Niki Luftfahrt GmbH, are about to be completed. According to a statement by the Credit Protection Association from 1870, creditors should have a quota of 23 percent
The Romanian airline Blue Air originally wanted to take off again on September 12, 2022 on a much smaller scale. Nothing will come of it now, because according to their own statements, they cannot pay the operating costs. Flight operations are scheduled until
Bankruptcy proceedings have been formally opened in Mexico over the assets of the former airline Interjet. The carrier has not been flying since 2020 and has a mountain of debt equivalent to around two
US airline ExpressJet has filed for Chapter 11 bankruptcy protection. This comes in the wake of United Airlines losing its wet lease contract. The process also affects "Aha!". The latter fire
The financially troubled airline SAS was able to organize a loan of 700 million US dollars. This is granted by a fund managed by Apollo Global Management. It is according to SAS
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