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Spanair to enter bankruptcy
30 January 2012
SAS and lessors with exposure to the Spanish airline to make writedowns.
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Spanair
Bankruptcy
SAS
ILFC
MD80
A320
Barcelona-based airline, Spanair has announced that it will enter bankruptcy and has ceased operations. The airline made the announcement Friday night and ceased operations on Saturday January 28.
Many thousands of passengers have been left stranded, according to reports. Customers who bought tickets by credit card on Spanair's website are being asked to...
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