European Airlines

Old May 5th, 2020, 06:51 AM
Original Poster
Join Date: Mar 2013
Posts: 7,150
Likes: 0
Received 0 Likes on 0 Posts
European Airlines

Ryanair plans to reduce 3000 jobs.
Lauda air doesn't fly at all. May be for ever.
Swiss airlines got a loan of 1,3 billion USD from Swiss Banks. They plan to reduce 1500 jobs.
Swiss flies actually 3 to 14 times weekly from Zurich resp. Geneva to Newark, London, Amsterdam, Berlin, Stockholm, Athens, Lisboa and Porto.
Norwegian got new money from their shareholders and plans to resume thier long distance flights in April 2021.
Aegean flies actually only from Athens to the Islands andf to Brussels.
Air Baltic may resume some flights within next week.
Air Greenland may resume international flights in June.
Austrain airlines and Brussels airlines don't fly for the moment.
Condor has been saved by German Government for a second time and flies actually from Germany to some Spanish Islands.
Cyprus Airways, Czech Airlines, Helvetic Airways, LOT, Luxair, Montenegro Airlines, Air Serbia, People's Air, SAS and Sunexpress don't fly for the moment.
Italian Government took over the completely bankrupt Alitalia. The Governmental loans of the last years (more than 1 billion USD) will be lost for sure.
neckervd is offline  
Old May 5th, 2020, 08:42 PM
Join Date: Jun 2017
Posts: 1,151
Likes: 0
Received 0 Likes on 0 Posts

BA is cutting 12K jobs
Aer Lingus is cutting jobs
Lufthansa is getting money from the government
So is Air France
Easyjet received money

Vueling and I think Iberia received €1 billion
Traveler_Nick is online now  
Old May 5th, 2020, 09:17 PM
Join Date: Jul 2004
Posts: 4,507
Likes: 0
Received 0 Likes on 0 Posts
KLM is receiving 10 billion, of which 4 billion is Dutch Taxpayers' money, because our government stupidly did a stock buy-back when Air France was in a difficult position. So now we own this piece of stranded asset and already it is an albatros.

Dutch gov being heavily criticized for this move, but -as with Shell and Unilever, - employment there and a government position later: it's a revolving door.
menachem is offline  
Old May 6th, 2020, 04:33 AM
Join Date: May 2020
Posts: 13
Likes: 0
Received 0 Likes on 0 Posts
Will flights in Europe be more expensive?
anikamiller8419 is offline  
Related Topics
Original Poster
Last Post
Air Travel
Feb 7th, 2011 02:00 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell My Personal Information

All times are GMT -8. The time now is 10:03 PM.