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Spanair Shutdown Sparks Disruptions

Wall Street Journal Original article ›

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Spain's domestic airline Spanair cancelled all flights and filed for bankruptcy protection. The government of Catalonia owns 85.6% of Spanair, Scandinavian airline SAS owns 10.9%. The Catalan government tried to keep Spanair running as long as possible as part of its plan to develop Barcelona's El Prat airport as a regional hub. This is the third Spanish airline to shut down after Air Comet and Air Madrid. Its competitors were Vueling Airlines, run by Air Iberia, U.K.'s EasyJet and Ireland's Ryanair.

SAS (Scandinavian airlines) performance

01/28/2012

Grouped Articles

Fasten-Belt Light Isn't Off at SAS--Heard on the Street

Wall Street Journal 11/18/2013

Spanair Shutdown Sparks Disruptions

Wall Street Journal 01/28/2012

SAS Faces Capital Crunch

Wall Street Journal 10/16/2012

SAS, Labor Unions Continue Talks Past Deadline

Wall Street Journal 11/19/2012


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