About: http://data.cimple.eu/news-article/46cf75770f09bafbf6d337e4a48b8cad8c7514e2c411bd119820a6a2

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About: http://data.cimple.eu/news-article/46cf75770f09bafbf6d337e4a48b8cad8c7514e2c411bd119820a6a2 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The Austrian low-cost airline Level Europe announced Thursday it was filing for insolvency and would not resume flights which had already been suspended since March due to the novel coronavirus pandemic. "Level Europe has been impacted by the unprecedented crisis caused by the COVID-19 pandemic," the airline said in a statement, adding that it had "ceased trading with immediate effect". "Once insolvency proceedings are filed, an Austrian Court will appoint an Administrator," the statement added. Around 200 jobs in Vienna are thought to be at risk, along with roughly 40 in Amsterdam. The airline had been launched in 2018 by parent company IAG, which owns British Airways and Iberia. Level Europe was designed to serve short- and medium-haul routes within the continent. IAG also runs long-haul flights using the Level brand from Paris and Barcelona which are not affected by Friday's announcement, the company said. Aviation has been one of the sectors most severely hit by the coronavirus pandemic, with many carriers having to file for bankruptcy, implement hefty cuts or ask governments for huge public rescue plans. smk/jsk/rl
schema:headline	Austrian low-cost airline Level Europe files for insolvency
schema:mentions	Iberian Peninsula Amsterdam Airport Schiphol Vienna Bankruptcy British Airways Barcelona Paris Pandemic Coronavirus disease 2019 Level Europe Insolvency Low-cost carrier International Airlines Group
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-18 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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