Spanish carrier Spanair runs out of money, halts operations

Struggling Spanich carrier Spanair abruptly halted operations late Friday.

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Struggling Spanich carrier Spanair abruptly halted operations late Friday.

Spanairโ€™s financial woes were exacerbated by a 2008 crash that killed 154 people. Eighteen people survived what was Spainโ€™s worst aviation disaster in 25 years. In a statement, the airline said its โ€œlast commercial flight will land atโ€ 10 p.m. (2100 GMT) on

Spanair’s financial woes were exacerbated by a 2008 crash that killed 154 people. Eighteen people survived what was Spain’s worst aviation disaster in 25 years.

The regional government of northeastern Catalonia says it can no longer supply Spanair with funds.

The Ministry of Development also published a statement requiring Spanair to “fulfill its obligations with passengers” adding it was coordinating “alternative transport.”

The Catalan government said the “current economic climate” and “European legislation concerning competition” made it impossible for it to continue financing the small carrier whose hub is Barcelona airport.

WHAT TO TAKE AWAY FROM THIS ARTICLE:

  • In a statement, the airline said its โ€œlast commercial flight will land atโ€ 10 p.
  • Spanair's financial woes were exacerbated by a 2008 crash that killed 154 people.
  • Spanair’s financial woes were exacerbated by a 2008 crash that killed 154 people.

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Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

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