Luftfahrtgesellschaft Walter
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Luftfahrtgesellschaft Walter
German Airways Fluggesellschaft GmbH, operating as German Airways and formerly named ''Luftfahrtgesellschaft Walter'' or ''LGW'' for short, was a German regional airline headquartered in Düsseldorf. Originally LGW was an independent provider of scheduled and chartered low-volume passenger flights. After years of cooperation with Air Berlin, it eventually became a subsidiary of Air Berlin in 2017. After the collapse of Air Berlin it was purchased by Lufthansa in October 2017 and became a unit of the group's low-cost carrier Eurowings. Zeitfracht Group completed the purchase of LGW from Lufthansa on 1 April 2019 and renamed it in early 2020. The contract with Eurowings was terminated in April 2020 and LGW filed for insolvency. In 2022 Summer, KLM wet-leased Germany Airways' airplanes to provide extra capacity on its network. In 2023 the agreement with KLM was extended. History Independent company Luftfahrtgesellschaft Walter was founded in 1980 by Bernd Walter, the owner ...
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Cologne
Cologne ( ; german: Köln ; ksh, Kölle ) is the largest city of the German western States of Germany, state of North Rhine-Westphalia (NRW) and the List of cities in Germany by population, fourth-most populous city of Germany with 1.1 million inhabitants in the city proper and 3.6 million people in the Cologne Bonn Region, urban region. Centered on the left bank of the Rhine, left (west) bank of the Rhine, Cologne is about southeast of NRW's state capital Düsseldorf and northwest of Bonn, the former capital of West Germany. The city's medieval Catholic Cologne Cathedral (), the third-tallest church and tallest cathedral in the world, constructed to house the Shrine of the Three Kings, is a globally recognized landmark and one of the most visited sights and pilgrimage destinations in Europe. The cityscape is further shaped by the Twelve Romanesque churches of Cologne, and Cologne is famous for Eau de Cologne, that has been produced in the city since 1709, and "col ...
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De Havilland Canada Dash 8
The De Havilland Canada DHC-8, commonly known as the Dash 8, is a series of turboprop-powered regional airliners, introduced by de Havilland Canada (DHC) in 1984. DHC was later bought by Boeing in 1988, then by Bombardier in 1992; then by Longview Aviation Capital in 2019, reviving the De Havilland Canada brand. Powered by two Pratt & Whitney Canada PW100s, it was developed from the Dash 7 with improved cruise performance and lower operational costs, but without STOL performance. Three sizes were offered: initially the 37–40 seat -100 until 2005 and the more powerful -200 from 1995, the stretched 50–56 seats -300 from 1989, both until 2009, and the 68–90 seats -400 from 1999, still in production. The QSeries are post-1997 variants fitted with active noise control systems. Development Initial development In the 1970s, de Havilland Canada had invested heavily in its Dash 7 project, concentrating on STOL and short-field performance, the company's traditional ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company t ...
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WDL Aviation
German Regional Airlines GmbH & Co. KG, operating under the German Airways brand and formerly named ''WDL Aviation'', is a German charter and wet lease aircraft operator, headquartered at Cologne Bonn Airport, and part of the Zeitfracht Group. History Initially named ''WDL Flugdienst'', the company was set up in 1974 as a subsidiary of ''Westdeutsche Luftwerbung GmbH'', an aerial advertising provider founded in 1955. The current name was adopted in 1991, when the parent was reorganized as ''WDL Group''. With WDL Aviation offering aircraft lease and charter services, the aerial advertising and sightseeing flight branch (using blimps) survives in the other subsidiary of WDL Group, which is called ''WDL Luftschiff''. Since 1998, the British Aerospace 146 is in service with WDL Aviation. Other aircraft types that were operated by WDL Aviation include the Fokker F27 Friendship and an Airbus A320-200 on lease from Adria Airways between 1992 and 1993. WDL Aviation was acquired by ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Airbus A320 Family
The Airbus A320 family is a series of narrow-body airliners developed and produced by Airbus. The A320 was launched in March 1984, first flew on 22 February 1987, and was introduced in April 1988 by Air France. The first member of the family was followed by the longer A321 (first delivered in January 1994), the shorter A319 (April 1996), and the even shorter A318 (July 2003). Final assembly takes place in Toulouse in France; Hamburg in Germany; Tianjin in China since 2009; and in Mobile, Alabama in the United States since April 2016. The twinjet has a six-abreast cross-section and is powered by either CFM56 or IAE V2500 turbofans, except the CFM56/PW6000 powered A318. The family pioneered the use of digital fly-by-wire and side-stick flight controls in airliners. Variants offer maximum take-off weights from , to cover a range. The 31.4 m (103 ft) long A318 typically accommodates 107 to 132 passengers. The 124-156 seat A319 is 33.8 m (111 ft) long. Th ...
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Wetlease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in Europe and 29% in North America. In 2015, over $120 billion of commercial aircraft were delivered ...
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Niki (airline)
Niki (also styled as NIKI or flyNiki, legally ''NIKI Luftfahrt GmbH'') was an Austrian low-cost airline headquartered in ''Office Park I'' at Vienna International Airport in Schwechat. It operated scheduled and charter services to European and North African leisure destinations from Vienna, Salzburg, Graz and Innsbruck and also started services from several German airports in March 2017. Niki had a variety of owners, including two stints of ownership under Niki Lauda (1949–2019). In January 2018, the airline was acquired by Lauda, an airline that also had ties to Niki Lauda. History Early years In 2003, Niki Lauda, ex-Grand Prix driver and founder of Lauda Air, acquired the former Aero Lloyd Austria operation. The airline started operations on 28 November 2003. Although Niki was often described as "low-cost", it provided full services, such as free refreshments, newspapers, and baggage. It offered a sandwich or a cold snack, soft drinks, juice, tea, and coffee on all sho ...
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Embraer 190
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-specifi ...
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Jet Airliner
A jet airliner or jetliner is an airliner powered by jet engines (passenger jet aircraft). Airliners usually have two or four jet engines; three-engined designs were popular in the 1970s but are less common today. Airliners are commonly classified as either the large wide-body aircraft A wide-body aircraft, also known as a twin-aisle aircraft, is an airliner with a fuselage wide enough to accommodate two passenger aisles with seven or more seats abreast. The typical fuselage diameter is . In the typical wide-body economy cabi ..., medium narrow-body aircraft and smaller regional jet. Most airliners today are powered by jet engines, because they are capable of safely operating at high speeds and generate sufficient thrust to power large-capacity aircraft. The first jetliners, introduced in the 1950s, used the simpler turbojet engine; these were quickly supplanted by designs using turbofans, which are quieter and more fuel-efficient. History Early history The first air ...
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Collective Agreement
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work. This includes regulating the wages, benefits, and duties of the employees and the duties and responsibilities of the employer or employers and often includes rules for a dispute resolution process. Finland In Finland, collective labour agreements are universally valid. This means that a collective agreement in an economic sector becomes a universally applicable legal minimum for any individual's employment contract, whether or not they are a union member. For this condition to apply, half of the workforce in that sector needs to be union members, thus supporting the agreement. Workers are not forced to join a union in a specific workplace. Nevertheless, ...
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