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German flight line: financial Straits at Germania

Germania transported, according to their own figures, every year four million passengers. Now the German airline reported a problem. An Option is to be a report to a sale.

The airline Germania is in financial difficulty. The Airline check "currently several options for a financing to secure short-term liquidity needs," - said in a message of the company.

in 2018, with "major challenges" connected

In the recent past have changed the European aviation industry "strongly", said Germania to justify. Especially the past year has been connected "with big challenges".

Germania called "massive fuel price increases" during the summer, coupled with the depreciation of the Euro against the Dollar, or delays in the Acquisition of aircraft as a burden for the company. This also includes an "exceptionally high number of technical services" to its own fleet.

flights to continue as planned

it was now a question of how Germania as a medium-sized company in a market environment, which was dominated by Airlines with "group-like structures". Despite the money problems, however, all the flights planned to take place.

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