Spanair announced today a viability plan which will mean redundancy for 1100 full-time workers as well as the cancellation of loss-making routes and the grounding of 15 planes. These measures should allow the business to save €90 million. The air transport sector crisis, combined with the price of fuel, have been named as the triggers for this drastic decision.

Apart from the grounding of 15 planes, the routes to be cancelled are Madrid Barajas to Munich, Gerona, San Sebastián, Granada and Oviedo, as well as the links Barcelona-Zurich, Bilbao-Málaga and Bilbao-Jerez.

Canarias24Horas

__________________

Janet Anscombe Associates
The Tenerife Experts
for anyone living in or moving to Tenerife
Visit our website www.janetanscombe.com

Ryanair announced yesterday that it was reducing the number of planes based in Dublin by 18% (see report here) but I think this was more sabre rattling in their war with the Dublin Airport Authority, than a rescue plan. If I read the figures correctly, Tenerife will not be affected, and in fact they are cutting out Warsaw which is probably more due to Polish workers quitting Ireland because of the construction downturn - but that never stopped Michael O'Leary taking potshots at airport authorities when he can