Tag: Germania

Swiss carrier Germania Flug rebranded to Chair Airlines

Swiss carrier Germania Flug rebranded to Chair Airlines

Swiss carrier Germania Flug has been rebranded to Chair Airlines and will continue to operate routes from Zurich Airport. Chair Airlines, formerly Germania Flug, was founded in August 2014, in cooperation with the German airline Germania, but was not affected by the bankruptcy of its then German...

Bulgarian Eagle files for insolvency

Bulgarian Eagle files for insolvency

Sofia-based air carrier Bulgarian Eagle - a wholly-owned unit of Germania - has filed a request with the Sofia City Court for launch of insolvency proceedings, reports claim. As at 1 March, the company's outstanding liabilities amounted to some 12.8 million levs (US$7.3 million), documents file...

Airline: More than 100 airports and airlines explore route development in London

Airline: More than 100 airports and airlines explore route development in London

More than 100 airlines and airports have been busy discussing and exploring future route network development opportunities in London this week at Airline 2019 - which took place at the CCT Venues, Canary Wharf. The event was held for the first time last year and this year's it was attended by 55...

Germania Flug now an all-Swiss airline after German parent collapse

Germania Flug now an all-Swiss airline after German parent collapse

Germania Flug has taken off for the first time as an entirely Swiss-owned national carrier with the company's share capital now 100 per cent in Swiss hands. The parties involved have agreed not to disclose details of the transaction. The move follows the collapse of the German parent airline of G...

flybmi ceases operations and files for administration

flybmi ceases operations and files for administration

BMI Regional (flybmi) has become the latest casualty to fall by the wayside in the airline industry after announcing on Saturday (16 February) it had ceased operations and is filing for administration due to high fuel costs and Brexit uncertainty. The East Midlands-based airline operates 17 reg...

Germania ceases flight operations and files for insolvency

Germania ceases flight operations and files for insolvency

Germany carrier Germania has filed for insolvency - becoming the latest European carrier to go under - joining Primera Air, VLM Airlines, Small Planet Airlines, Sky Works, and Cobalt Air in ceasing operations in the last six months. The carrier's sister maintenance company Germania Technik Brand...

Germania secures funding for short-term liquidity needs

Germania secures funding for short-term liquidity needs

Cash-strapped Germania says it has found a solution to cover its short-term liquidity operating needs after carrying out successful financing negotiations. The carrier said that the funding boost means both the medium and long-term viability as an independent medium-sized airline have been secure...

Germania looking into options to ensure “short-term liquidity”

Germania looking into options to ensure “short-term liquidity”

Germania is the latest carrier to reveal financial troubles and said it is "examining various options to ensure its short-term liquidity needs". The Berlin-based airline said challenges included a massive increase in fuel prices, and the weakening of the Euro versus the US dollar. Germania sai...

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