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Spanair S.A. was a Spanish airline, with its head office in the Spanair Building in L'Hospitalet de Llobregat, near Barcelona. Until 2009, it was a subsidiary of the SAS Group; the same parent company in control of Scandinavian Airlines and held slightly under 20% of the company. [3]
- 2008 Financial Crisis Impact
- The Crash of Flight 5022
- Catalonia Investment
- Spanair Never Lived Up to Expectations
While it was already hampered by financial problems for most of the decade, the global financial crisis of 2008 impacted Spanair harder than most. Not only was the Spanish economy hit severely, but Spanair had trouble receiving financing from wary lenders, and shareholder SAS was already looking to divest its share in the carrier. The economic down...
Spanair's darkest day, for which the airline will always be remembered, was August 20th, 2008, when Spanair Flight 5022 crashed just after take-off from runway 36L at Madrid Barajas Airport. The McDonnell Douglas MD-82, aircraft registration EC-HFP, had taken off from Barcelona–El Prat Airport and had made a stopover in Madrid before continuing to ...
Despite having taken the airline off the market, SAS received an offer of one Euro from a group of Catalan investors that included the autonomous government of Catalonia. At the time, Spanish national flag carrier Iberia centered all of its international flights from Madrid Barajas Adolfo Suárez Airport (MAD), sidelining Barcelona as a secondary ai...
Despite Spanair's attempts to be a Catalonian airline that could compete with Iberia and Vueling, it never achieved its full potential. Starting as an operator of mainly charter flights and scheduled services to obscure European destinations, Spanair thought that being a member of the Star Alliance would help it achieve its goals. Despite offering ...
Jan 30, 2012 · MADRID (Reuters) - Loss-making Spanish airline Spanair ceased operations on Friday night, grounding all its airplanes after its owner, citing the country's economic crisis, said it would not sink...
Jan 30, 2012 · Spain's fourth-largest airline Spanair has collapsed, leaving more than 20,000 passengers stranded across Europe and Africa. The Barcelona-based firm stopped operating on Friday and more than...
Aug 22, 2008 · Yet the catastrophe in which Spanair flight JK5022 exploded in a ball of flames at the Madrid airport Wednesday spared 19 of them, transforming them into the miraculous escapees of a disaster...
Jan 26, 2012 · Spanair was a Spanish airline based in Barcelona. Originally founded in 1986 as a joint venture between Scandinavian Airlines and a group of private investors, Spanair became a member of the Star Alliance in 2003 and in 2009 became majority owned by the Catalan Government.
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Spanair was an airline based in Catalonia which is in Spain. It's main base of operations or hub is at Barcelona Airport but it also flew many flights from Madrid Airport and Palma de Mallorca Airport. The airline was a member of the major airline alliance Star Alliance.
