Germania was founded in 1986 as a successor to the Cologne-based airline Special Air Transport. According to its own figures, the Airline transported with the green and white Logo route every year more than four million passengers on Short – and medium -haul, within Europe, to North Africa and the Middle East. Together with the Swiss Germania flight AG and the Bulgarian Eagle Germania currently operates a fleet of 37 aircraft.
On Tuesday evening, the airline announced that it is considering several options to secure short-term liquidity needs. Due to increased costs, several airlines in Europe had gone into bankruptcy in the past year; including Small Planet and SkyWork, which also flew targets from Bremen. The Irish budget airline Ryanair had also justified the closure of its base in Bremen with increased cost pressure.
I really hope that we don’t see a lot of airlines disappear like last year. It’s just crazy to think that the aviation world has change so much in the last few years.