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Further expansion and fleet plans
In spring 2015, Germania announced plans to phase out all of their recently refurbished Boeing 737-700s by 2020 to become an all-Airbus operator. In September 2016, Germania announced it would cease all operations at Kassel Airport where it was the only scheduled carrier at the time.The aircraft was going to be, according to the airline, wet-leased to partner companies.
In December 2018, it was reported that the airline had suffered heavy losses in recent years, especially during 2018 and that its owners are seeking potential buyers for the airline.[14] On 31 January 2019, it was reported that payment of employee salaries would be delayed.[15] Germania eventually ceased flight operations without previous notice in the night from 4 to 5 February 2019 and declared bankruptcy for itself and its technical and service divisions excluding Germania Flug in Switzerland.[1][3] The final scheduled flight to be in the air was ST 3711 from Fuerteventura to Nuremberg which landed on 5th February a
Germania's head office in Berlin
Ownership and structure[edit]
Germania Fluggesellschaft mbH was a private company that had been founded and run for many years by Hinrich Bischoff, who died on 11 November 2005. His wife Ingrid Bischoff was the main shareholder, but she sold it. Germania had its headquarters at Riedemannweg 58, Berlin, Germany.
There are three main operating subsidiaries:
Germania Flug, founded in 2014 in Switzerland to operate leisure flights under the newly established HolidayJet brand in cooperation with Swiss tour operator Hotelplan (three aircraft).
Germania Technik Brandenburg GmbH, the wholly owned aircraft maintenance subsidiary, based at Berlin Schönefeld.
Germania also had an interest in:
Gambia Bird, a airline based at Banjul, The Gambia,[19] which ceased operations on 30 December 2014[20]
https://en.wikipedia.org/wiki/Germania_(airline)