Spanair the fourth biggest airline of Spain has collapsed. Frequented and known by its low costs,  and covering several routes from Spain to Europe and Africa, the airline has shut down living around 20,000 passengers without a flight and more than 4.000 have lost their jobs.

The Spanish government is the one currently taking the legal procedures, and communicated that the Spanair will face a 9 million fee due to its collapse.

Since 2010, the company has been facing enormous loses. In that precise year it had reported a total operational loss of 115 million.

The Cataluña government has injected around 150 million of euros in order to help the company stay on float. But on Friday it revealed that they won’t be financing anything more.

Several competitor companies have taken the lead, and have started to adopt the expected procedures to see this collapse as an opportunity.

Vueling has been the primary beneficiary.  Being Iberia´s partner it has taken the lead by assuming and offering a great amount of the routes that Spanair offered.  The company also revealed that it will be incorporation 33 new flight frequencies, offering five new routes.

One route will be from Barcelona to Berlin and Hamburg, another route will be from Bilbao, to Tenerife, Las Palmas y Lanzarote in the Canarias Islands.

Vueling also exposed : “This expansion of operations, will allow to continue with the  growing and expansion plans that Vueling has launched for this summer season, and wit will consolidate its leadership position in Barcelona.”

Another competitor such as Ryanair exposed on Monday that it was examining the opportunities ahead, the company commented: “ We  notoriously see it as an opportunity to expand our routes”. The vice president of the company Michael Cawley said : “ If the Government stops  once in for all wasting money on Spanair, we will be in position to catch some of their routes”.

According to the government of Cataluña , a total of 1.457 claims have been collected. Of those who 104 have been made on  Aena Counters and 1.353 in the offices of the Catalan Consumer Agency in El Prat Airport.

Several airlines have relocated around 12,000 Spanair’s passanger .  Vueling (4.145 passanger), Iberia (5.000 passangers), Air Europa 2.600 (passangers) y Lufthansa (500 passangers).

Spanair has posted a declaration on its website, to inform the procedures that will be taken to its customers.

The article Spain´s Low Cost Airline Spanair Collapses appeared first on The Toonari Post - News, Powered by the People!.