Last year’s high fuel costs coupled with a strong US dollar against the euro – headwinds singled out by the majority of the industry leaders in the 2019 Aviation Industry Leaders Report – were cited as major contributory factors to the demise of Germania, which filed for insolvency on February 4. The airline was also impacted by considerable delays in phasing aircraft into the fleet and an “unusually high” number of aircraft maintenance events, which were described as major burdens for the company. Flights were terminated overnight, and passengers advised to contact their travel operator or find their own way
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