Civil Aviation

Norwegian Subsidiaries Declare Bankruptcy

Norwegian, one of Europe’s largest low-cost airlines has today announced that it plans to lay off 4700 staff. As the struggling airline declares four of its subsidiaries bankrupt. Norwegian were one of the weakest carriers to enter these unprecedented times of uncertainty, as COVID-19 continues to spread. Norwegians rising debts [read more]

Air Berlin's NIKI to Cease Operations
Civil Aviation

Air Berlin’s NIKI to Cease Operations

German carrier Lufthansa shocked the aviation industry yesterday when the announcement came they were to abandon a deal to buy defunct Air Berlins leisure carrier, NIKI leaving the airline insolvent. The news means that the Austrian leisure carrier has now been forced to cancel all flights from December 14th after [read more]

Lufthansa Planning 'New Alitalia'
Features

Lufthansa Planning ‘New Alitalia’

It’s emerged in the last few weeks that Germany’s largest airline, Lufthansa has been in talks with Alitalia and the Italian Government to acquire some of the failing airline’s assets. In particular, Lufthansa wants to buy the Italian airlines Aircraft, Runway slots and their route network. The German carrier has said [read more]

HB-AES_SkyWork_airlines
News

Switzerland’s SkyWork Airlines on Brink of Collapse

Switzerland’s SkyWork Airlines is the latest European airline to find its future in serious jeopardy after the Swiss Federal Office of Civil Aviation (FOCA) said it may not renew its air operator’s certificate (AOC) at the end of October. The FOCA has serious doubts about the Swiss airlines unstable financial situation and whether or not [read more]

Flybe Dash 8 G-JEDP
England

Flybe shares crash after profit warning

Europe’s largest regional airline, Flybe has seen its shares drop overnight by nearly 20% after investors bail out of what appears to be another European airline hitting turbulence.  The drop in shares comes after the airline warned that escalating maintenance and IT costs would mean its half-year profit would be [read more]