Sion News

Start-Ups Powdair cancels commence of operations

The Irish virtual carrier Powdair has announced it will not commence operations this winter as carrier did not manage to find a new investor.

Airlines Darwin Airline files for insolvency

The Switzerland-based carrier Darwin Airline has filed for insolvency and for a moratorium, which is similar to the U.S-American chapter 11, on November 28, 2017.

Start-Ups Powdair facing financial problems

Start-up airline Powdair has announced it is facing financial problems as the most important investor gave up for personal reasons. The carrier states that the management could be forced to postpone the start of operations if no new investor is found in the next days. If the virtual airline does not find an investor for at least 1 million pounds until the end of this week it will not commence operations. 

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies. Learn more