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Aircraft and transport. Swiss airline Hello ceases operations flight operations

Basel, Switzerland - The former chief financial officer presented false financial figures

Hello, a Swiss charter airline, ceased its flight operations since it went bankrupt. There are several reasons behind the failure: on its website the carrier speaks about "Insolvency by two important French clients, growing fuel costs, strong Swiss franc which led to the cancellation of a contract with TUI Germany and fiercer and fiercer competition in the tourism industry". Furthermore, it seems...

AVIONEWS - World Aeronautical Press Agency - 1146613
Rome, Italy, 10/22/2012 20:50
AVIONEWS - World Aeronautical Press Agency

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