Tag: financial support

Struggling Germania Secures Operations

Reading Time: 1 minute Germania, an independent German airline, has announced about successful negotiations on financing issues. In the statement, the airline said it managed to find a solution to cover its short-time liquidity needs to keep the airline operable. Just in the beginning of January Germania released the information about the year 2018 which appeared to be very […]

Hanoi To Reduce Vietnam Airlines Stake By 2019

Reading Time: 1 minute The Vietnamese government has announced plans to reduce its shareholding in Vietnam Airlines (VN, Hanoi) by 2019. Having gone public in 2014, the government retained a stake of 86.16% in the carrier through the Ministry of Transport with ANA Holdings acquiring an 8.77% stake in 2016. At present, Techcombank holds 2.08%, Vietcombank 1.83%, with the […]

Vueling Will Fly to Spain from Vilnius Airport

Reading Time: 1 minute Vilnius Airport welcomed another new airline – the Spanish low-cost airline Vueling. It will operate one weekly flight to Barcelona on Wednesdays until 28 September. Over 100 passengers took the first flight from Vilnius. “We see a steady growth in the passenger traffic to Barcelona; therefore, as many as three airlines will meet the need […]