Spanair Closed Down

Spanair Closed Down

It's all over the news, Spanair has ceased all its operations as the airline company has gone bust! "The company has decided to cease its operations as a measure of caution and safety," Spanair said in a statement late Friday, citing a poor financial outlook. An estimated 22,000 passengers who had booked seats on more than 220 canceled flights have been left looking for alternative arrangements and instructions on how to seek reimbursements.   AENA (Spanish airports authority) said special lounges had been allocated for Spanair customers, who were being allocated to other airlines, but they had to buy their tickets. Find the official annoucement here: http://www.spanair.com/es_pos/en_GB/portal/Error/Page404 or follow their new Twitter Channel if you want the most updated information: https://twitter.com/Spanairinformac (Although it's in Spanish) Until everything get sorted Ryanair has launched a €49 Rescue Fare, this might help many passengers that need to travel and can't afford new tickets, for more information from Ryanair go to http://www.ryanair.com/en/news/ryanair-launches-49-euro-spanair-rescue-fare. Aswell as Easyjet with a €50 Rescue Fare http://corporate.easyjet.com/media/latest-news/news-year-2012/27-01-2012-en.aspx The Spanish government said it was taking disciplinary action against Spanair for breaching rules on continuity of services and passengers' rights in the course of its sudden shutdown, and may fine it up to 9.0 million euros. Spanair's former owner, Scandinavian airline SAS, said it ratained a 10% share in the Spanish carrier and the bankruptcy would hit its own results to the tune of 191 million euros or $252 million.   Lastest News from a Spanish Newspaper confirmed that Spanair has agreed with IATA to refund all the affected passengers, here is the full article in Spanish: http://www.elperiodico.com/es/noticias/economia/spanair-negocia-como-devolver-dinero-los-viajeros-afectados-1365201 As soon as we heard more news we will be posting comments in this blog. www.letsgo2spain.com