Spanair is about to close
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Spanair went bust
Spanair's fleet of 36 aircrafts ceases operations. Around 2000 employees to lose their jobs.
Spanair prepara hoy la solicitud para suspender su actividad de vuelos | Barcelona | elmundo.es (Spanish)
Spanair prepara hoy la solicitud para suspender su actividad de vuelos | Barcelona | elmundo.es (Spanish)
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Some months ago I wrote the following:
According to SAS, Spanair is bankrupt
The new president of the Scandinavian Airline wants the market begins to assume the bankruptcy of the Catalan Company to protect its titles from the punishment of the shareholders. Spanair may be losing a million euros a day.
On the other hand, Spanair continues to pay salaries and suppliers thanks to the Generalitat of Catalonia & Banks, in other words, is the Catalan Government which prefers to cut the money in Health and Education in order to benefit Spanair which is not self-financing.
Health and Education in Catalonia is experiencing many financial cutbacks due to economic crisis. However, the Government would rather spend the money of citizens in Spanair which has a lot of problems.
In my opinion, Spanair is about to close, thatīs my headline, unless they find investors ready to waste its money.
Iīm sorry for the employees & citizens
B.R & Thanks.
According to SAS, Spanair is bankrupt
The new president of the Scandinavian Airline wants the market begins to assume the bankruptcy of the Catalan Company to protect its titles from the punishment of the shareholders. Spanair may be losing a million euros a day.
On the other hand, Spanair continues to pay salaries and suppliers thanks to the Generalitat of Catalonia & Banks, in other words, is the Catalan Government which prefers to cut the money in Health and Education in order to benefit Spanair which is not self-financing.
Health and Education in Catalonia is experiencing many financial cutbacks due to economic crisis. However, the Government would rather spend the money of citizens in Spanair which has a lot of problems.
In my opinion, Spanair is about to close, thatīs my headline, unless they find investors ready to waste its money.
Iīm sorry for the employees & citizens
B.R & Thanks.
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Yes. 
According to SAS, Spanair is bankrupt
The new president of the Scandinavian Airline wants the market begins to assume the bankruptcy of the Catalan Company to protect its titles from the punishment of the shareholders. Spanair may be losing a million euros a day.
On the other hand, Spanair continues to pay salaries and suppliers thanks to the Generalitat of Catalonia & Banks, in other words, is the Catalan Government which prefers to cut the money in Health and Education in order to benefit Spanair which is not self-financing.
Health and Education in Catalonia is experiencing many financial cutbacks due to economic crisis. However, the Government would rather spend the money of citizens in Spanair which has a lot of problems.
In my opinion, Spanair is about to close, thatīs my headline, unless they find investors ready to waste its money.
Iīm sorry for the employees & citizens
B.R & Thanks.
According to SAS, Spanair is bankrupt
The new president of the Scandinavian Airline wants the market begins to assume the bankruptcy of the Catalan Company to protect its titles from the punishment of the shareholders. Spanair may be losing a million euros a day.
On the other hand, Spanair continues to pay salaries and suppliers thanks to the Generalitat of Catalonia & Banks, in other words, is the Catalan Government which prefers to cut the money in Health and Education in order to benefit Spanair which is not self-financing.
Health and Education in Catalonia is experiencing many financial cutbacks due to economic crisis. However, the Government would rather spend the money of citizens in Spanair which has a lot of problems.
In my opinion, Spanair is about to close, thatīs my headline, unless they find investors ready to waste its money.
Iīm sorry for the employees & citizens
B.R & Thanks.
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It has been reported that Spanair would cease operations at about 6.30pm, Spanish time. It had been hoped that Qatar Airways would be the white knight, but talks broke up this week and given the state of the Spanish economy, most carriers must be suffering.
Sadly, Spanair adds to a long list of Spanish airlines which have left us over the past few years - most recently Futura.
Spanair began its operations with MD80s in 1988 ...
JetPhotos.Net Photo ŧ EC-FXA (CN: 49938) Spanair McDonnell Douglas MD-83 by John Fitzpatrick
... but changed to Airbus A320/321s from around 2000.
JetPhotos.Net Photo ŧ EC-HPM (CN: 1276) Spanair Airbus A321-231 by John Fitzpatrick
Sadly, Spanair adds to a long list of Spanish airlines which have left us over the past few years - most recently Futura.
Spanair began its operations with MD80s in 1988 ...
JetPhotos.Net Photo ŧ EC-FXA (CN: 49938) Spanair McDonnell Douglas MD-83 by John Fitzpatrick
... but changed to Airbus A320/321s from around 2000.
JetPhotos.Net Photo ŧ EC-HPM (CN: 1276) Spanair Airbus A321-231 by John Fitzpatrick
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Where's the real equivalent of a US type of Chapter 11 for European
companies ?
In most of the EU countries it happens only very rarely that companies go into Bankrupty protection shielding them temporarily from their creditors and enabling them to renegotiate contracts, salaries ,etc.... .
In the US however every couple of years they seem to be allowed to go into bankrupty protection modus without too much complaining from the government.
Makes one wonder what all this talk about free market rules, surviving of the best companies vs bad companies, market competition mechanisms all really means in all the different "free trade" western nations.
Not saying that things are better in the US but only noticing that we all seem to be playing with a completely different set of rules in the aviation world when it comes to its basic economic principles.
-China with its many airlines that all have to follow a centralised planned
strategy when push comes to shove.
-The "free" market US where no company seems to have to pay the ultimate price when **** hits the proverbial fan except for their employees and creditors of course.
-The middle East where many airlines seem to be devoid of economical principles and grow, grow , grow no matter the cost (not aiming at Emirates for those that wonder)
-The Indian market and far East that have many big airlines that do everything except make money on a sustainable base.
-Many nations around the world that still keep an old style staterun airline afloat.
-And than we also have the EU, whereby some get the axe at the first sign of troubles while others go through a long continuous death-debt struggle, than there are those that should have perished long time ago but are kept alive through local politics and last but certainly not least the likes of Air France that enjoy factual monopolies ,are considered free enterprises but are still controlled like it was 1984 again, sucks if you worked for a company like SABENA, hurray if you work for AirFrance, Alitalia.
The only part of the world that seems to be doing things more or less in a fair
and normal kind of way seems to be South America (save for some exceptions like Venezuela) whereby good companies are allowed to grow, and make a decent profit most of the time and bad companies are usually allowed to fail.
companies ?
In most of the EU countries it happens only very rarely that companies go into Bankrupty protection shielding them temporarily from their creditors and enabling them to renegotiate contracts, salaries ,etc.... .
In the US however every couple of years they seem to be allowed to go into bankrupty protection modus without too much complaining from the government.
Makes one wonder what all this talk about free market rules, surviving of the best companies vs bad companies, market competition mechanisms all really means in all the different "free trade" western nations.
Not saying that things are better in the US but only noticing that we all seem to be playing with a completely different set of rules in the aviation world when it comes to its basic economic principles.
-China with its many airlines that all have to follow a centralised planned
strategy when push comes to shove.
-The "free" market US where no company seems to have to pay the ultimate price when **** hits the proverbial fan except for their employees and creditors of course.
-The middle East where many airlines seem to be devoid of economical principles and grow, grow , grow no matter the cost (not aiming at Emirates for those that wonder)
-The Indian market and far East that have many big airlines that do everything except make money on a sustainable base.
-Many nations around the world that still keep an old style staterun airline afloat.
-And than we also have the EU, whereby some get the axe at the first sign of troubles while others go through a long continuous death-debt struggle, than there are those that should have perished long time ago but are kept alive through local politics and last but certainly not least the likes of Air France that enjoy factual monopolies ,are considered free enterprises but are still controlled like it was 1984 again, sucks if you worked for a company like SABENA, hurray if you work for AirFrance, Alitalia.
The only part of the world that seems to be doing things more or less in a fair
and normal kind of way seems to be South America (save for some exceptions like Venezuela) whereby good companies are allowed to grow, and make a decent profit most of the time and bad companies are usually allowed to fail.
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Wouldn't be surprised if Qatar Airways offers "expedited" interviewing for Spanair pilots (Airbus ratings). Perhaps Qatar was really interested in sourcing their Airbus pilots due to Qatar's own high pilot attrition rate... 
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Several JKK aircraft still airborne at 1930 GMT on 27th
All heading for Spanish destinations according to FR24 except an A321 about midway on a flight from BCN - CPH
Another sad story
All heading for Spanish destinations according to FR24 except an A321 about midway on a flight from BCN - CPH
Another sad story
Spanair
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Where's the real equivalent of a US type of Chapter 11 for European
companies ?
In most of the EU countries it happens only very rarely that companies go into Bankrupty protection shielding them temporarily from their creditors and enabling them to renegotiate contracts, salaries ,etc.... .
In the US however every couple of years they seem to be allowed to go into bankrupty protection modus without too much complaining from the government.
Makes one wonder what all this talk about free market rules, surviving of the best companies vs bad companies, market competition mechanisms all really means in all the different "free trade" western nations.
Not saying that things are better in the US but only noticing that we all seem to be playing with a completely different set of rules in the aviation world when it comes to its basic economic principles.
-China with its many airlines that all have to follow a centralised planned
strategy when push comes to shove.
-The "free" market US where no company seems to have to pay the ultimate price when **** hits the proverbial fan except for their employees and creditors of course.
-The middle East where many airlines seem to be devoid of economical principles and grow, grow , grow no matter the cost (not aiming at Emirates for those that wonder)
-The Indian market and far East that have many big airlines that do everything except make money on a sustainable base.
-Many nations around the world that still keep an old style staterun airline afloat.
-And than we also have the EU, whereby some get the axe at the first sign of troubles while others go through a long continuous death-debt struggle, than there are those that should have perished long time ago but are kept alive through local politics and last but certainly not least the likes of Air France that enjoy factual monopolies ,are considered free enterprises but are still controlled like it was 1984 again, sucks if you worked for a company like SABENA, hurray if you work for AirFrance, Alitalia.
companies ?
In most of the EU countries it happens only very rarely that companies go into Bankrupty protection shielding them temporarily from their creditors and enabling them to renegotiate contracts, salaries ,etc.... .
In the US however every couple of years they seem to be allowed to go into bankrupty protection modus without too much complaining from the government.
Makes one wonder what all this talk about free market rules, surviving of the best companies vs bad companies, market competition mechanisms all really means in all the different "free trade" western nations.
Not saying that things are better in the US but only noticing that we all seem to be playing with a completely different set of rules in the aviation world when it comes to its basic economic principles.
-China with its many airlines that all have to follow a centralised planned
strategy when push comes to shove.
-The "free" market US where no company seems to have to pay the ultimate price when **** hits the proverbial fan except for their employees and creditors of course.
-The middle East where many airlines seem to be devoid of economical principles and grow, grow , grow no matter the cost (not aiming at Emirates for those that wonder)
-The Indian market and far East that have many big airlines that do everything except make money on a sustainable base.
-Many nations around the world that still keep an old style staterun airline afloat.
-And than we also have the EU, whereby some get the axe at the first sign of troubles while others go through a long continuous death-debt struggle, than there are those that should have perished long time ago but are kept alive through local politics and last but certainly not least the likes of Air France that enjoy factual monopolies ,are considered free enterprises but are still controlled like it was 1984 again, sucks if you worked for a company like SABENA, hurray if you work for AirFrance, Alitalia.
would you throw your hard earned into starting a new carrier in the EU ?
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@kbrockman, while many of your statements are true the EU does not have one insolvency rule, it is not a united states of europe (yet), therefore each states has its own set of rules, and some would allow something akin to chapter 11, it is just rarely used for whatever reason.
Sad to see but there was an inevitability about it, especially on a day when figures show 5 Million people in Spain are regsitered as unemployed.
Question is who will suck up the passengers and routes ?
Question is who will suck up the passengers and routes ?
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Question is who will suck up the passengers and routes
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Denti,
@kbrockman, while many of your statements are true the EU does not have one insolvency rule, it is not a united states of europe (yet), therefore each states has its own set of rules, and some would allow something akin to chapter 11, it is just rarely used for whatever reason.
In fact we have nothing like it, its more like flying an airplane with 25 captains in command all with their own set of throttles and sticks (or yokes), makes for a rather erratic flight most of the time.
Not promoting more EU and less sovereignity but what we have now is, like we say "neither fish nor meat."
This combined with the differences in the aviation industry that exists between all other countries over the world suggest that only one rule really prevails ==> chaos.
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400 Spanish pilots (a large percentage Airbus rated) will be a bit of a headache for the Iberia unions resisting the setting up of Iberia Express 
Very forward thinking of the Catalan Govt to renage on their deal in Girona with Ryanair (although they have subsequently been forced to change their mind on that stand-off
) & give it instead to these losers. . . what a shrewd investment that was 
Very forward thinking of the Catalan Govt to renage on their deal in Girona with Ryanair (although they have subsequently been forced to change their mind on that stand-off
) & give it instead to these losers. . . what a shrewd investment that was
spain wake up
Look at the history, look at the current spanish economic situation, read the newspapers, listen to the spansih PMīs, read about the corruption (at high level!) and investigations taking place as we/i speak etc etc.
"Speaking to Flightglobal the day before the Spanair reports surfaced, Qatar's CEO Akbar Al Baker said: "We are not in a hurry to take on any sick carrier in Europe."
How true.
Its time for spain to wake up, if they want to continue take part in the EU and todays aviation.
They are angry at easy and ryan, but they strike, taxi at 6 kts or so while their ticket prices go up, and leave pax on their own, its sad.
I feel sorry for their workforce, but it may be a little too late..
"Speaking to Flightglobal the day before the Spanair reports surfaced, Qatar's CEO Akbar Al Baker said: "We are not in a hurry to take on any sick carrier in Europe."
How true.
Its time for spain to wake up, if they want to continue take part in the EU and todays aviation.
They are angry at easy and ryan, but they strike, taxi at 6 kts or so while their ticket prices go up, and leave pax on their own, its sad.
I feel sorry for their workforce, but it may be a little too late..
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spot on testpanel,
5,3 million jobless, a whopping 600.000 new unemployed per year and they still behave like spoilt kids ...
Ajo y Agua is the spanish slang for it - A jod..se y Aguantar...
might serve them as a wake up call ( doubt it ).
testpanel :
5,3 million jobless, a whopping 600.000 new unemployed per year and they still behave like spoilt kids ...
Ajo y Agua is the spanish slang for it - A jod..se y Aguantar...
might serve them as a wake up call ( doubt it ).testpanel :
Look at the history, look at the current spanish economic situation, read the newspapers, listen to the spansih PMīs, read about the corruption (at high level!) and investigations taking place as we/i speak etc etc.
"Speaking to Flightglobal the day before the Spanair reports surfaced, Qatar's CEO Akbar Al Baker said: "We are not in a hurry to take on any sick carrier in Europe."
How true.
Its time for spain to wake up, if they want to continue take part in the EU and todays aviation.
"Speaking to Flightglobal the day before the Spanair reports surfaced, Qatar's CEO Akbar Al Baker said: "We are not in a hurry to take on any sick carrier in Europe."
How true.
Its time for spain to wake up, if they want to continue take part in the EU and todays aviation.
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As a non- Spanish , living in Spain, I would have to disagree slightly. The minimum legal wage here in Spain is around 614, in France it is around 1500.
If I drive 90km to Perpignan the supermarket prices are around 15% less than here in Girona, the rent for an apartment, around the same.
If you happen to be unemployed in France, you would certainly not be asked to pay for books for your children in school, a meal in the school canteen would not cost 7, you would have a reasonable level of healthcare, you would not have your electric cut off the same day as you paid the bill (late but paid) in the middle of Winter, if you had been naive enough to take a loan to buy your house for twice the amount it was REALLY worth, you would possibly have more chance to hang on to it, rather than to be shafted by a bank ,that was bailed out by your Govt (at YOUR expense) & to lose your house & still end up owing the full amount to the bank.
This is what I see around me in this country, Ah, but we have the sun. . . . . I agree, 21c in the middle/end of Jan is very nice, BUT, for most it is little compensation.
Unemployment 22%, 18-25 year olds 45? % or thereabouts.
It is not for this that those still in employment have to accept slavery levels of compensation, 800 a month for many in my region, with rents of around 500 & utilities of 200 on top, or you think we should return to the days when we tipped our caps at "the Guvnor " & were happy to have some crumbs.
Many things wrong in Spanish society, the principal ones being that they should never have been allowed to join the , should always have maintained a devalued currency to attract the tourists, & should stop pretending that they have ever been a first-line European nation rather than a (until very) recently peasant /subsistence economy.
Property speculation & telling people lies about their REAL economy works for a while, but hurts when the truth inevitably surfaces.
It is not for this that those in professional positions, be they pilot or Air Traffic Controllers, should have to accept a pittance of a wage if their new (false ) economy doesn't offer anything to someone on the 2nd rate salaries they are told should now be the norm.
When the politicians accept to be paid in accordance with the days of the peseta (or better still in accordance with their performance ) they can maybe expect normal people to participate in this manipulative charade.
If I drive 90km to Perpignan the supermarket prices are around 15% less than here in Girona, the rent for an apartment, around the same.
If you happen to be unemployed in France, you would certainly not be asked to pay for books for your children in school, a meal in the school canteen would not cost 7, you would have a reasonable level of healthcare, you would not have your electric cut off the same day as you paid the bill (late but paid) in the middle of Winter, if you had been naive enough to take a loan to buy your house for twice the amount it was REALLY worth, you would possibly have more chance to hang on to it, rather than to be shafted by a bank ,that was bailed out by your Govt (at YOUR expense) & to lose your house & still end up owing the full amount to the bank.
This is what I see around me in this country, Ah, but we have the sun. . . . . I agree, 21c in the middle/end of Jan is very nice, BUT, for most it is little compensation.
Unemployment 22%, 18-25 year olds 45? % or thereabouts.
It is not for this that those still in employment have to accept slavery levels of compensation, 800 a month for many in my region, with rents of around 500 & utilities of 200 on top, or you think we should return to the days when we tipped our caps at "the Guvnor " & were happy to have some crumbs.
Many things wrong in Spanish society, the principal ones being that they should never have been allowed to join the , should always have maintained a devalued currency to attract the tourists, & should stop pretending that they have ever been a first-line European nation rather than a (until very) recently peasant /subsistence economy.
Property speculation & telling people lies about their REAL economy works for a while, but hurts when the truth inevitably surfaces.
It is not for this that those in professional positions, be they pilot or Air Traffic Controllers, should have to accept a pittance of a wage if their new (false ) economy doesn't offer anything to someone on the 2nd rate salaries they are told should now be the norm.
When the politicians accept to be paid in accordance with the days of the peseta (or better still in accordance with their performance
) they can maybe expect normal people to participate in this manipulative charade.