Spanair Loses 51.7 Million Euros after Barajas Crash

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Spanair Aircraft

Spanair Aircraft

The Spanish Airline Spanair has lost 51.7 Million Euros since the crash of one of its aircrafts, a MD-82, on the 20th of August, on the Barajas airport in Madrid. The accident which caused the death of 154 persons, was supposedly due to a fuel loss, according to the official report of the Scandinavian group SAS, owner of the Spanish airline.

Immediately after the accident the reservation rates have rapidly decreased, but now, almost two months after the tragedy, Read More…

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Posted under Business, International

This post was written by Dana Ciucalau on October 8, 2008

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