Germania ceases operations

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Poiu
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Germania ceases operations

Post by Poiu » 03 Feb 2019, 09:25

Despite a “reassuring” press release mid January, Germania was unable to pay the January salaries.

https://www.flygermania.com/en/company/ ... otiations/

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sn26567
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Re: Germania wobbling?

Post by sn26567 » 03 Feb 2019, 10:14

...but still flying. Picture taken from my seat 4A on my SN3788 flight in ACE last Tuesday:
20190203_101232.jpg
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Re: Germania wobbling?

Post by luchtzak » 03 Feb 2019, 11:29

Poiu wrote:
03 Feb 2019, 09:25
Despite a “reassuring” press release mid January, Germania was unable to pay the January salaries.

https://www.flygermania.com/en/company/ ... otiations/
And now paid.

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Re: Germania wobbling?

Post by Poiu » 03 Feb 2019, 12:16

luchtzak wrote:
03 Feb 2019, 11:29

And now paid.
The Swiss branch only, not in Germany.
I wouldn’t be surprised if the Swiss branch became orange in the near future.

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Re: Germania wobbling?

Post by luchtzak » 03 Feb 2019, 13:08

Poiu wrote:
03 Feb 2019, 12:16
luchtzak wrote:
03 Feb 2019, 11:29

And now paid.
The Swiss branch only, not in Germany.
I wouldn’t be surprised if the Swiss branch became orange in the near future.
I got it now! Thanks for the info!

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sn26567
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Re: Germania wobbling?

Post by sn26567 » 03 Feb 2019, 17:39

Poiu wrote:
03 Feb 2019, 12:16
luchtzak wrote:
03 Feb 2019, 11:29

And now paid.
The Swiss branch only, not in Germany.
The German employees of Germania are calling in sick because they are not paid. For those of you who understand German:

http://www.airliners.de/germania-gehaelter/48674
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Poiu
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Re: Germania wobbling?

Post by Poiu » 04 Feb 2019, 23:54

Strong rumours about bankruptcy tomorrow, unfortunately...

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Re: Germania wobbling?

Post by luchtzak » 05 Feb 2019, 02:00

Poiu wrote:
04 Feb 2019, 23:54
Strong rumours about bankruptcy tomorrow, unfortunately...
And now confirmed by the airline: https://www.aviation24.be/airlines/germ ... te-effect/

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Re: Germania wobbling?

Post by crew1990 » 05 Feb 2019, 07:59

Exactly the kind of day you should stay at bed. Germania was my previous airlines before I join Brussels Airlines and I still know a lot of people there, now workless.


By the way a lot of people from Malev were working for Germania, this is now for them a second bankrupty.

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Re: Germania wobbling?

Post by sn26567 » 05 Feb 2019, 12:04

Pity to see that sympathetic airline disappear. The Lufthansa monopoly over Germany is increasing further. Here is Germania's last flight:
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Re: Germania wobbling?

Post by Passenger » 05 Feb 2019, 14:11

Stranded passengers who have paid their ticket by credit card, can ask a refund via a chargeback request with the issuer of their credit card and/or their bank. Not via Germania of course.

Passengers who have booked a travel package with Germania flights via a travel agent or touroperator will get a rerouting with other flights, paid for by the travel agent or touroperator.

Other passengers, unfortunately, will not be able to recover their payment. A request to the liquidators will not be granted, but it will help the liquidators to establish how big the bankruptcy is.

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Re: Germania wobbling?

Post by sn26567 » 05 Feb 2019, 15:47

In the context of the insolvency of German airline Germania, please find below a comment from Scope Ratings airlines analyst Sebastian Zank:

The collapse of Germania, an airline which has struggled to compete with bigger rivals for some time, shows again that to survive in Europe’s crowded sector, carriers need to be niche players or have an extensive network as is the case with budget leader Ryanair and multi-brand operators like Lufthansa Group and IAG.”
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Re: Germania wobbling?

Post by luchtzak » 05 Feb 2019, 16:12

Ryanair looking to hire ex-Germania employees: https://www.aviation24.be/airlines/germ ... ment-32110

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Re: Germania wobbling?

Post by sn26567 » 05 Feb 2019, 17:32

The Germania demise also affects Airbus: the airline was flying the twice-daily shuttle between the two main Airbus plants Hamburg Finkenwerder (XFW/EDHI) and Toulouse (TLS/LFBO). Flight numbers were ST1881/2 and ST2885/6, both operated by A319. These were the only scheduled charters operating from XFW.

Airbus will have to look for a new contractor.
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Re: Germania ceases operations

Post by luchtzak » 05 Feb 2019, 18:11

Or Hamburg Toulouse via Brussels 😇

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Re: Germania ceases operations

Post by sn26567 » 05 Feb 2019, 18:12

luchtzak wrote:
05 Feb 2019, 18:11
Or Hamburg Toulouse via Brussels 😇
SN doesn't fly to XFW! Nobody did, except Germania.
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Re: Germania ceases operations

Post by luchtzak » 05 Feb 2019, 19:13

sn26567 wrote:
05 Feb 2019, 18:12
luchtzak wrote:
05 Feb 2019, 18:11
Or Hamburg Toulouse via Brussels 😇
SN doesn't fly to XFW! Nobody did, except Germania.
Ah! Then ... depart from HAM

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Re: Germania ceases operations

Post by sn26567 » 05 Feb 2019, 21:31

luchtzak wrote:
05 Feb 2019, 19:13
sn26567 wrote:
05 Feb 2019, 18:12
luchtzak wrote:
05 Feb 2019, 18:11
Or Hamburg Toulouse via Brussels 😇
SN doesn't fly to XFW! Nobody did, except Germania.
Ah! Then ... depart from HAM
Too far away from Airbus plant!
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Re: Germania ceases operations

Post by sn26567 » 08 Feb 2019, 21:19

Germania announces its preliminary insolvency administrator Rudiger Wienberg is holding talks with interested parties regarding possible takeover scenarios, as the preliminary insolvency proceedings are making progress.
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Re: Germania ceases operations

Post by sn26567 » 17 Feb 2019, 15:29

Germania preliminary insolvency administrator Ruediger Wienberg said there are more than 30 interested parties for the airline, of which 10 are currently doing due diligence.
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