Originally Posted by
davidjohnson6
Earlier this autumn, the German and Polish subsidiaries of Small Planet sought court permission for restructuring. Now the Lithuanian parent company has done the same thing. Apparently the Lithuanian parent gave some guatantees in the past to creditors of the German and Polish companies
This does not sound good, especially for an airline which makes its money out of flying people on charter flights from northern Europe to the beach when it's the end of October
Ryanair's move with its Holiday operation in Poland is starting to hurt them, doubt SP will be around next year .