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Spanair shuts down

Spanish carrier Spanair runs out of money, halts operations

Spanish carrier Spanair runs out of money, halts operations
Image via euronews.net

Jan 27, 2012

Struggling Spanich carrier Spanair abruptly halted operations late Friday.

Spanair’s financial woes were exacerbated by a 2008 crash that killed 154 people. Eighteen people survived what was Spain’s worst aviation disaster in 25 years. In a statement, the airline said its “last commercial flight will land at” 10 p.m. (2100 GMT) on

Spanair's financial woes were exacerbated by a 2008 crash that killed 154 people. Eighteen people survived what was Spain's worst aviation disaster in 25 years.

The regional government of northeastern Catalonia says it can no longer supply Spanair with funds.

The Ministry of Development also published a statement requiring Spanair to "fulfill its obligations with passengers" adding it was coordinating "alternative transport."

The Catalan government said the "current economic climate" and "European legislation concerning competition" made it impossible for it to continue financing the small carrier whose hub is Barcelona airport.

Source: nzherald.co.nz



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