Volume 44 (2019)

Volume 44 (2019) / Issue 3

Pietro Benintendi, 'Bankrupt in Europe: A Case Study of Three Recent Airline Insolvencies' (2019) 44 Air and Space Law, Issue 3, pp. 241–260

Abstract

This article addresses the insolvencies of Alitalia, Air Berlin and Monarch against the backdrop of their respective national legal regimes. After a brief reconstruction of the main relevant facts leading to the procedures, the normative backgrounds are analysed. In the three cases, the interplay between the distinctive features of each airline insolvency and the applicable bankruptcy laws displays some characteristics that are unique to the national legal system. It follows that differences in laws, procedures and outcomes ultimately highlight the absence of a much needed EU-wide coordination in dealing with airline insolvencies.

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ISSN: 0927-3379
ID: AILA2019016