(08 September 2008) Spanish charter carrier Futura International Airways cancelled all flights today after filing for insolvency and its Irish subsidiary Futura Gael ceased operating after losing its air operating licence. Futura bosses reportedly possess until Friday to come up with a rescue package, when the Spanish aviation authority will decide whether to withdraw the carrier’s operating licence. The airline has proposed halving its fleet of 22 aircraft. The carrier is based in Palma, em

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Futura Airways files for bankruptcy protection

Tags: airlines-futura, august-2008, aviation, bankruptcy-this, futura-airways, goodwit-net, Gran Canaria, News, september-2008, spain, Tenerife, under-english

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