Germania Files for Bankruptcy

[Anmer]

Another one bites the dust:

Budget airline Germania has filed for bankruptcy and cancelled all of its flights with immediate effect.

The Berlin-based airline, which flew to destinations across Europe, Africa and the Middle East, transported more than four million passengers a year.

It blamed rising fuel prices and currency fluctuations as two factors

https://www.bbc.co.uk/news/business-47127921

[Graham Bell]

Surprised they have not blamed the Irish Backstop!! 
Regards-
G.B.

[Anmer]

I've never heard Michael O'Leary referred to as that before? 

[Graham Bell]

 

[mhm]

If he had not bought so many new aeroplanes he would have made a profit

[Anmer]

If he had not bought so many new aeroplanes he would have made a profit

If you're referring to Ryanair, the Winter quarters are never that profitable.  Basically there's too much capacity, hence Germania failing.  Others may follow but Ryanair won't be among them.