Air Berlin, Germania, WOW, Thomas Cook, Adria Airways, Flybe, Air Italy

106 posts in this topic

On 6.2.2019, 07:48:48, dj_jay_smith said:

Not German, but there are also rumours that both Norwegian and Wow Air are also in financial trouble and need cash

 

 

Wow Air Just grounded their planes and Norwegian, well, they are still going - albeit their Shares have dropped like a rock the past year, from 178 NOK in April 2018 to 47.5 NOK now :). They also had to ground their Boeing Max aircraft so thats not going to help them much

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1 hour ago, LeCheese said:

 

 

Wow Air Just grounded their planes and Norwegian, well, they are still going - albeit their Shares have dropped like a rock the past year, from 178 NOK in April 2018 to 47.5 NOK now :). They also had to ground their Boeing Max aircraft so thats not going to help them much

 

 I was booked to fly with WOW at 11:20 this morning and they sent an email to me at 4:35 am to tell me it's cancelled and I could opt for a refund or take a later flight.  Not trusting that there would be a later flight I bought another ticket with easyJet. Later this morning they announced they are grounded and done for. They had been trying to refinance and were hopeful they could save it but no luck.

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icelandair

 

Are you stranded with a WOW air ticket?

We are offering stranded WOW air passengers discounted Economy fares from selected destinations

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Norwegian are offering 25% off to stranded WoW passengers ... not that i would recommend Norwegian

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LeCheese and Catjones,

 

Thanks for the link.  I flew in to Berlin from Baltimore (BWI) on Wednesday, March 27 on WOW air.  My daughter just texted me and said WOW declared bankruptcy and cancelled all flights.  My return was April 3.  I just completed the information requested on Iceland Air website link.  I'm hoping to hear from them tomorrow or over the weekend.  That is pretty generous of them to offer flights at those prices.  I'm not complaining about being stranded in Berlin since I have a place to stay and the beer is good.  Thanks.

 

S.

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Folks,

 

Just to follow up.  I contacted Iceland air this morning and they were able to book a flight from Berlin to Keflavik for $140.  They couldn't get me back to Baltimore but could get me to Washington Dulles.  That was fine with me.  The fight from Keflavik to Dulles was $230 for a total of $370.  They said flights were filling up and they could get me back on Thursday, April 4.   An extra day in Berlin is good for me. 

 

I checked Google flights and Kiwi.com but flights from Berlin to Baltimore/Washington were $600+.  

 

Thanks.

 

S.

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29 minutes ago, catjones said:

I'm running out of title space.

 

- fixed it for you! :D

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I notice that Thomas cook is already being referred to in the past tense on Wikipedia!

 

Of course they also operate many subsidiaries in Germany which are impacted.

  • Thomas Cook airlines
  • Neckermann Reisen
  • Last Minute
  • Öger Tours
  • Air Marin
  • Thomas Cook Signature 

 

They also own the airline Condor.  But it seems that at least for the moment they are continuing to fly, albeit they have asked for a bridging loan from the German government.  I believe that they also fly many flights on behalf of Thomas Cook.

 

 

 

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4 minutes ago, Wherearewegoingto said:

Hadnt there recently been discussion about a Chinese investor buying himself into TC?

 

Yes, that was in August.  Wikipedia says:

 

 

Quote

On 28 August 2019, Thomas Cook announced that Fosun would pay £450 million for 75% of the firm's tour business and 25% of its airline. It was reported in mid-September that the company was "in last minute negotiations" with bondholders to get them to approve the Fosun takeover. Less than a week later, Thomas Cook asked HM Government to fund a £200 million gap in the company's finances to prevent the firm falling into administration.

 

 

 

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4 hours ago, dj_jay_smith said:

They also own the airline Condor.  But it seems that at least for the moment they are continuing to fly, albeit they have asked for a bridging loan from the German government.  I believe that they also fly many flights on behalf of Thomas Cook.

 

I know a number of pilots (captains) who fly for Condor.  Back in January one said to me that they were uncertain about their future - but at that time the worry was probably more associated with Brexit...

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And now the next airline is in trouble.


 

Quote


Slovenia’s Adria Airways has extended the suspension of almost all flights for a further two days, as it continues discussions with potential owners and creditors.

As reported earlier this week, the Star Alliance carrier initially suspended flights on Tuesday for a period of two days, but has now extended the grounding until at least Friday September 27.

In an updated statement the airline said:

“Adria Airways announces that it will continue with temporarily ceased majority of its flight operations also on Thursday, 26 September and Friday, 27 September.

...


 

 

https://www.businesstraveller.com/business-travel/2019/09/26/adria-airways-extends-flights-suspension/

 

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