Low-cost carriers

Greek airline Astra grounds flights to work on restructuring

Small Greek carrier Astra Airlines said on Monday it had grounded all scheduled flights to work on a financial restructuring.

The International Air Transport Association (IATA) suspended the airline, freezing its transactions and stopping any ticketing through IATA accredited travel agents.

Ryanair to Lay Off nearly 700 Employees while the Company's Boss Could Get $ 111 Million Bonus

Michael O'Leary, Chief Executive Officer of of low-cost Ryanair Airlines, announced plans to cut 500-700 jobs after shareholders approved a bonus scheme that could bring him about 100 million euro ($ 111 million) for the next five years, Reuters reported.

Wizz Air is the Best Low Cost Airline of the Year According to the European Aviation Awards

Wizz Air, one of the fastest growing airlines in Europe and the leading low cost carrier in Central and Eastern Europe, was named the Best Low Cost Airline in 2019.

The award was presented at the European Aviation Industry Awards Europe Gala ), part of the European Aviation Convention 2019 (Air Convention Europe 2019).

Bulgarian Airline Startup 'Holiday Europe' Declares High Ambitions with Plans to Operate Flights to 50 Cities

Bulgarian airline Holiday Europe has begun operations. The carrier announced on its website its inaugural flight took place on August 24th and routed between Antalya and Nuremberg, writes Simple Flying.

Thirty-five Bulgarians Cannot Fly out of Frankfurt

Thirty-five Bulgarians are at Frankfurt Airport after failing to depart a regular Wizz Air flight at 3.10pm.

They claim that the airline and the airport authorities are to blame for the delay, which has preceded the situation, and for now, Wizz Air refuses to provide them with new tickets for a future flight to their homeland.

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