Iraqi Airways, the flag carrier of Iraq is going to be liquidated by the Iraqi government.
One reason for the liquidation is the outstanding dispute between Iraq and Kuwait about the reperation payments remaining from the 2nd Gulf War. Kuwait still claims 1,2 billion dollar reperations from the gulf war and was trying to put the first flight of Iraqi Airways "to the chain" on their first flight to London Gatwick.
The airline's CEO Kifah Hassan Dschabbar who attended the maiden flight to Gatwick was being held by british authorities and he was forced to give a sworn statement about the financial values of the airline existing in the UK.
Iraqi Airways has decided, to immediately discontinue all flights to Sweden and London Gatwick and the Iraqi parliament has decided to liquidate Iraqi Airways very soon.
Ghana International Airlines hat ihre Flüge auf unbestimmte Zeit verschoben. Neben den vermehrten Flugstreichungen in den letzten Wochen heizen auch Gerüchte über nicht gezahlte Leasingraten die Spekulationen über eine bevorstehende Insolvenz der Airline an.
Boeing 757-200 der Ghana International Airlines, © AirTeamImages.com
Ghana International Airlines befindet sich in schweren Turbulenzen. Medienberichten zufolge musste die Airline den Flugbetrieb einstellen und die Mitarbeiter an ihrem Heimatflughafen, dem Kotoka International Airport in Accra, bereits am Samstag bis auf Weiteres nach Hause schicken. Journalisten vor Ort berichteten von einem Zustand allgemeiner Verwirrung und von aggressiven Reaktionen der Passagiere, als die für diese Woche geplanten Flüge auf unbestimmte Zeit verschoben werden mussten.
Die ersten Flugausfälle ergaben sich bei Ghana International Airlines bereits im April aufgrund der Aschewolke, die den Flugverkehr in Europa tagelang zum Erliegen gebracht hatte.
Ende April musste die Airline ihre London-Accra-Flüge erneut kurzfristig absagen. Wie das britische Touristikportal travelhouse.co.uk berichtete, versprach die Airline damals, einen Privatjet zu organisieren, mit dem die in London-Gatwick gestrandeten Passagiere nach Ghana befördert werden sollten. Dies sei jedoch an den Kosten für den Jet gescheitert.
Offiziell hat Ghana International Airlines den Flugbetrieb noch nicht endgültig eingestellt. Es kursieren jedoch Gerüchte, dass sich die Fluggesellschaft in großen finanziellen Schwierigkeiten befindet und die Leasingraten für ihre Boeing 757-200 nicht mehr zahlen kann, sodass das Unternehmen möglicherweise auf die Insolvenz zusteuert.
Ghana International Airlines befindet sich zu 70 Prozent in staatlicher Hand. Die restlichen 30 Prozent hält ein US-Konsortium. Die Airline verband die ghanaische Hauptstadt Accra mit den Zielen London-Gatwick und Düsseldorf.
QuelleAirliners.de
On April 9th the Oosteinde based Cargo Airplane operator MK Airlines has again ceased operations due to financial difficulties after it emerged from bakruptcy administration just twelve months ago.The british authorities have suspended the AOC (Air Operator Certificate) of MK Airlines due to these financial instability of MK Airlines at this time.
MK Airlines was operating a fleet of 3 active Boeing 747-200(F) airplanes in the final end.
With announcement of 30th April 2010 the Danish Bornholm based airline Wings of Bornholm is ceasing operations with their Saab 340.
They operated the route between Copenhagen and Ronne, the main town on the island of Bronholm.
Norwegian will overtake the route on a much smaller scale with just four weekly rotations and Cimber Sterling is now the only daily airline to fly this route.
A source on airliners.net mentions that the competition on this route was just too heavy for the small startup airlines owned by Sverigeflyg.
The Toronto based airline Skyservice has ceased operation effective 31st of March 2010.
They were unable to deal with a creditor debt of 8.8 million CAD of their main customer Sunquest Vacations and were forced to ground their fleet of 4 Airbus A320-200 and 5 Boeing 757-200.
The last flight tok place from Punta Cana to Winnipeg on 31st of March.
Farewell Skyservice Airlines! We will never see you again with this Reg:
C-FLOX, leased by ArkeFly in Summer 2009, Amsterdam - Schiphol, 19-SEP-2009
Macau's Civil Aviation Authority has revoked Viva Macau's air operator's certificate after the carrier cancelled flights over the weekend due to its financial difficulties.
The low-cost airline cancelled several flights starting from 26 March after it failed to pay for fuel, says the Macau government.
Flights to Jakarta, Tokyo, Hanoi and Melbourne were cancelled, leaving hundreds of travellers stranded at the Macau International Airport.
The government subsequently obtained resident carrier Air Macau's consent to terminate its sub-concession contract with Viva Macau, say Macau authorities.
Viva Macau started operations in 2006 under a sub-concession agreement with Air Macau, which had previously held a monopoly on services from Macau.
"Following the termination of the sub-concession contract of Viva Macau by Air Macau, Viva Macau is no longer compliant with the basic requirements for air transport services. In consequence of this, the civil aviation authority revoked its air operator's certificate," says the government.
The civil aviation authority's president Chan Weng Hong says that the authority has tried to contact Viva Macau to "urge it to fulfill its commercial responsibilities and obligations to passengers". However, the carrier "had not cooperated" by noon yesterday, says the government.
"Viva Macau had been extremely uncooperative. It did not provide the necessary information when the government tried to assist stranded passengers, such as the name list of passengers, which resulted in the slow progress in helping the affected passengers," it adds.
"The government would also, through legal means, follow up on the 200 million patacas loan it had granted to Viva Macau between 2008 and 2009."
The loan was granted to Viva Macau to ensure its financial sustainability.
Viva Macau's CEO Reg Macdonald and the airline's officials could not be contacted for comment. The airline's website booking system has been suspended.
The privately owned airline was operating flights to Ho Chi Minh City, Jakarta, Melbourne, Sydney and Tokyo Narita, with a fleet of Boeing 767 aircraft.
Source: Flightglobal
The Graz based Austrian airline "Robin Hood" has declared bankruptcy today.
High startup costs, the general econimic crisis and discrimination from Austrian Airlines has lead to this decision, the CEO Georg Pmmer stated to the media in Graz.
The airline is currently NOT yet ceasing operations and the stakeholder of Robin Hood Aviation GmbH have decided to get an agreement with their creditors about the 2.2 Million Euros of debt.
The ailine currently connects the austrian cities Graz and Linz with Zurich, in summer 2009 they also operated from Klagenfurt.
Copyright Robin Hood Aviation
..after one week of Service, Source Airline Route Updates:
, UK’s new regional carrier, has suspended operation on Monday 08MAR10 at 1500 Local Time.
The airline only operated the service for 1 week, on Oxford – Edinburgh route.
On the airlines’ home page, it states:
The reason for this suspension is due to operational issues between Varsity Air Services Ltd and the airline and AOC holder who have been contracted to operate the Jetstream 31 type on our behalf and that was being used on the route. All further ticket sales have been suspended until further notice. All passengers effected by the suspension of service either have been or are currently being informed of the situation.
Today the Bratislava based Air Slovakia has (temporarily) ceased operations as the AOC (Air Operator Certificate) has bene temporarily been revoked due to financial difficulties of the airline.
The austrian newspaper "Die Presse" is reporting in their Wednesday edition, that the Airline has collected a multi million debt and that the Slovakian Authorities have demanded a complete financial audit before the AOC can be re-issued.
Air Slovakia has started in 1993 as Air Terrex Slovakia with two former Lufthansa Boeing 727-200, later they added Boeing 737 and 757 to their Fleet which finally consisted out of one B757-200, one B737-200 and four B737-300 aircraft.
The management of Air Slovakia is being sued due to the non payment of Salaries, Social Security fees and other business contracts not to be paid on time.
Regional Air Express, operator of one Cessna Citation Jet and five Fairchild Metroliners has been grounded with immediate effect.
The Business charter airlines based in Muenster/Osnabrueck has moved to FMO Airport in 2006, the RAE chairman Fabian Theiss confirmed with the local Newspaper „Ibbenbürener Volkszeitung“ that the airline actually is already grounded since the begin of 2010.
He did not want to give a statement about the reasons for grounding of Regional Air Express, in the end of December 2009 still 17 people worked for RAE.
Photo Copyright: Airteamimages.com
The former subsidiary of Frontier Airlines, Lynx Aviation is going to cease operations latest in autumn 2010.
This has been released by the mother company of Frontier Airlines and Lynx Aviation, Republic Airways Holding.
Lynx Aviation will cease operations in a planned and regular phase out of their operations until end of September.
Republic Aiways names, that the current fleet of 10 Bombardier Dash8-Q400 will not be able to operate profitable in the longer term, an announced in a press release of Republic Airways Holding.
The phase out will start in April with the retirement of the first 6 Q400 airplanes and will finish latest September 2010.All routes currently operated by Lynx Aviation will be overtaken by Republic Airways, which then plans to Operat Embraer 190 and Embrear 170 jets on these routes.
About 175 people will loose their jobs, but most of them will be offered new position within Republic Airways or Frontier Airlines.
The spanish based Quantum Air ceases operations with immediate effect.
The Airline has been founded in 1999 as "AeBal" as a joint venture of SPanair and the scandinavian SAS.
After the withdraw of Spanair, the Airline has been sold by SAS to the spanish investment group Proturin.
Quantum Air is stating the reason for the operations cease due to non kept contractual agreements of the former stakeholders SAS and of some internal management people.
Quantum Air was operator of 3 Boeing 717 and was busy in the spanish domestic market.
Japan Airlines (JAL) has declared bankruptcy as expected in the last weeks.
At the same time, the JAL CEO Haruka Nishimatsu has resigned from responsibilities of leading the bankrupt airline. JAL is still continueing to operate on all routes under government protection and supervision and it is planned to transfer the airline to the governmental ETIC agency, especially created to prevent a grounding of Japan Airlines.
JAL will now undergo a significant rebuild under the governmental supervision and it is planned to significantly reduce the size of fleet and international routes. Japan Airlines has been privatized in 1987 but never fullt able to gain positive revenue and it is currently having a debt of approximately 600 billion Euro with their creditors.
The Japan government has provided 4,6 billion Euro to recover and rebuild the airline in the next years, it is planned to reduce about 15.000 jobs while reorganization of JAL and it's subsidiaries.
How long will we still see these Birds in Amsterdam?
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The Cologne/Bonn based "Low-Cost" Air Taxi ceases operations before they were taken up.
The general economic situation and a withdraw of the main investor caused the new airline to collapse before take-off.
The Dusseldorf based operator Blue Wings has announced to cease operations with immediate effect.
This is already the 2nd operations stop for Blue Wings as their AOC was suspended between 31 - MAR 2010 and 04 - May 2009 due to financial problems.
Blue WIngs was operating with 7 Airbus A320-200 and had 20 Airbus A320-200 and 4 Airbus A321-200 with Airbus Industries on Order.