Bad news – not only for tourists: The Berlin-based airline Germania, has filed for bankruptcy. The flight operation was immediately set.
Founded in 1986, Germania flew to last more than 60 destinations, mainly in the Mediterranean
The bankruptcy petition had been filed on Monday at the local court of Berlin-Charlottenburg, shared with the airline Germania on early Tuesday morning. “Unfortunately, it is not possible for us finally to bring our funding efforts to cover short-term liquidity needs to a successful conclusion,” said CEO Karsten Balke. “We very much regret that, as a consequence, no other possibility than that of insolvency remained the application.”
The Germania-plane stay on the ground, affected passengers are asked Balke to excuse me. Passengers who have booked your Germania flight in the framework of a package tour, should, according to the notice to your travel agent. For passengers who would have bought your ticket directly from Germania, there is, however, due to the law situation “, unfortunately, no entitlement to alternative transport,” it said.
Interim Glimmer Of Hope
Little more than two weeks, Germania had stated, to have the crisis thanks to a financial commitment to overcome. At the end of January it became known that the payment of the January salaries to employees delays. The Airline justified the financial bottleneck with massive increases in fuel prices, and with an “exceptionally high number of technical services to the fleet”. The Swiss Germania flight AG and the daughter of Bulgarian Eagle are not covered by the bankruptcy.
Germania was founded in 1986, since 2009, Berlin is the seat of the company. On the Short – and medium-haul routes, the Airline carried more than four million passengers per year to more than 60 destinations within Europe, North Africa and the Middle East. Together with the subsidiaries in Switzerland and in Bulgaria, Germania operating the last 37 planes.
cgn/wa (afp, dpa, flygermania.com)