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J74
21st Mar 2018, 00:18
Hello,
Is anybody knows the terms and condition of the contract with Frankfurt base?
I know they are going to fly for LH towards AFI region,Middle est and India.
Any more info apreciated.
Thanks

gearlever
19th Oct 2018, 10:45
Looks like they went bankrupt in September....

matt283
20th Oct 2018, 21:36
So what is the story are they officially bankrupt or they still continue to operate for Saudia?

gtaflyer
21st Oct 2018, 05:38
Does it really matter ? Liquidated or not it’s on life support to say the very least. Look elsewhere for job stop wasting your time wondering if they recruiting.

no nonsense
30th Oct 2018, 13:21
So they managed to go bankrupt finally. Even though they had a good reputation..till now

pianopilot
31st Oct 2018, 20:26
It is not bankrupt. The last link shows a document stating that the automatic application for liquidation due to an unpaid invoice (swiss law, invoice now paid) has been rejected.

safelife
31st Oct 2018, 20:35
German LBA pulled their AOC here now.

oliver2002
6th Dec 2018, 09:19
RIP Privatair

Baar, December 5th, 2018It is with great sadness that PrivatAir SA, Switzerland, announces today that it has filed to commence
insolvency proceeding in Switzerland. Likewise, its subsidiary PrivatAir GmbH in Germany has also
filed for insolvency today.Over the past few weeks, a number of events have had a significant impact on the companies’ future
business forecast and viability, which forced the companies to file for insolvency.PrivatAir was created in 1977 in Switzerland. It directly employs today 226 staff in Switzerland,
Germany and Portugal. It also uses the services of 65 crew members via an external contracting entity
for its operation in Middle East (Jeddah – Riyadh shuttle). It will remain known as a truly unique
company built by amazing people who showed extreme dedication to their work and unmatched service
levels, and proved many times that the impossible in aviation could be made possible.