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A Germania aircraft on approach for landing (Photo: Germania)
[ Top Story ]February 5, 2019 4:32 am ET
By Jack Dawin

Germania Becomes the Latest Carrier to File for Bankruptcy

Germania airline is the latest operator to cease operations following financial difficulties. The privately owned airline filed for bankruptcy on February 4 on behalf of itself and its technical services, immediately opting to cancel all of its flight. The airline was originally founded in 1978 under the name Special Air Transport, or SAT, in Cologne with a Fokker F-27. After multiple acquisitions of used aircraft, the company was reorganized under its new name, Germania, on June 1, 1986. Germania initially…

[ Top Story ]August 25, 2018 9:00 am ET
By Andy Nelson

Air France, British Airways and KLM to Suspend Routes to…

Three of Europe's largest carriers have announced they plan to end flights to Tehran, the Iranian capital, citing lack of demand and poor financial performance. The final flights in September will mark the end of such routes that were only reintroduced two years ago after Iran's 2015 nuclear deal framework…