Germania Fluggesellschaft has found a solution to cover its short-time liquidity needs.
Karsten Balke, CEO of Germania Fluggesellschaft said on January 19: “With regard to our financing efforts, we have received an important commitment. In total, the financial support now exceeds the initial target amount of €15 million. We should receive the funds in the next week.”
As a result, both the medium- and long-term viability of Germania Fluggesellschaft as an independent medium-sized airline has been secured. The booking situation is good, advance booking figures for the coming months and for the entire 2019 summer schedule are above those of the previous year. Therefore, passengers, suppliers, and contractual partners can continue to rely on the efficiency of Germania Fluggesellschaft in the future. Germania will intensify, optimise, or, if necessary, correct the strategic and structural developments that were started in the past.
