Independent journal on economy and transport policy
02:46 GMT+2
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Spanair has unexpectedly stopped the activity
Fridays are cancelled 222 flights with immediate effect
January 30, 2012
Unexpectedly in the evening of last Friday the Spanish airline Spanair has announced the cessation of own activity and the suspension with immediate effect of all the flights. An unexpected decision that has determined the cancellation of 222 flights creating serious uneasiness to the passengers.
The company, that it has about two thousand dependent, has not succeeded to conclude an agreement with Qatar Airways in order to yield them 49% of own share capital and has motivated the decision to interrupt the activity with the lack of liquidity, explanation that has induced obviously analysts and average to preannounce probable the next failure of Spanair.
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