Europe’s aviation industry has undergone major changes recently, 2018 was a particularly challenging year. The entire industry is undergoing transition and Germania with it. Unforeseeable events such as the massive increases in fuel prices last summer and the simultaneous weakening of the euro against the US dollar were major burdens for our company, as were considerable delays in phasing aircraft into our fleet and an unusually high number of maintenance events that our aircraft required. Therefore, Germania is currently examining various financing options to ensure its short-term liquidity needs. We are focusing on the central question of how we can continue to be effective in a market environment dominated by airlines under larger corporate structures. Nevertheless, there are no restrictions on our flight operations and all Germania flights continue to be operated as planned.
Germania is an independent German airline with a history that goes back more than 30 years. The airline with the green and white logo carries more than 4 million passengers per year on short-haul and medium-haul flights. Germania offers connections from 18 departure airports in Europe to over 60 destinations within the continent, in North Africa and the Middle East. Reversing the common industry trend, Germania continues to offer complimentary snacks, soft drinks, magazines and a minimum of 20 kg free baggage allowance. Germania’s business model combines scheduled, charter and ad-hoc flights. Together with Bulgarian Eagle and the Swiss airline Germania Flug AG, Germania operates a fleet of currently 37 aircraft. Germania Technik Brandenburg GmbH is responsible for the company's aircraft maintenance. www.flygermania.com