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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
The flight operations of the insolvent cargo airline Cargologic Germany are finally discontinued. Insolvency administrator Lucas Flöther could not find an investor. Apparently, the legal situation is too unclear for potential buyers due to the sanctions against Russia. According to a statement from the bankruptcy administration
Around five years after Air Berlin went bankrupt, insolvency administrator Lucas Flöther filed a lawsuit against the last CEO, Thomas Winkelmann, with the Berlin district court. A date for the start of the process has not yet been set. Of the
The liquidation of the insolvent shipping company Crystal Cruise is progressing, because two ships, the Symphony and the Serenity, have already been auctioned off on the Bahamas Islands. Both ships are over 20 years old and scored very differently
An investor solution is to be prepared for the insolvent Frankfurt-Hahn Airport. At the end of June 2022, insolvency administrator Jan Markus Plathner and the representatives of the creditors are to meet and decide. According to a report by Wirtschaftswoche, which refers to
The South African airline Comair is threatened with the final end, because neither the management nor the insolvency administrator have been able to raise the necessary funds to continue business operations. Comair is one of
First of all, the insolvent Tel Aviv Air GmbH said that for “technical reasons” it would no longer be possible to offer flights until May 21, 2022. The date has passed and now it was necessary to announce that the
The insolvent Hunsrück Airport Hahn is looking for new employees. The airport told the German Press Agency that several employees are to be hired in operational and ground handling services. An air traffic controller and a controller would also be wanted
According to its insolvency administrator, the insolvent Hahn Airport will continue flight operations in June. The wages and salaries of the employees would be paid, he said on Monday at the request of the German aviation portal Aero d. Of the
The district court of Hamburg opened insolvency proceedings against the virtual airline Tel Aviv Air GmbH under reference number 67h IN 96/22. According to the compulsory announcement by the court, the proceedings were started on May 12, 2022 at 12:XNUMX p.m
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