Austrian regional InterSky ceased operations Thursday evening after talks with a potential German investor failed. “Our long, ongoing negotiations with possible investors have all failed. We have done everything possible to find an investor—our last option collapsed. We have to declare insolvency on Monday,” InterSky founder Renate Moser confirmed to ATW. The reservation system has been shut down and flight operations have ceased. The grounding affects150 jobs. Two ...

Subscribe to Access this Entire Article

"Austrian regional InterSky ceases operations" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.