Today, ITB Berlin, one of the world’s largest travel and trade shows, commenced. And as always there will be a lot of announcements of airlines about new services and cooperations as well as rumors spreading around. One of the more likely rumors that can become true is the announcement of investors from HiFly, a Portuguese ACMI/wet-lease specialist.
As the German airline Germania ceased operations in early February, insolvency administrator Rüdiger Wienberg has two concrete bids from a total of three interested parties. There is an offer from Portuguese investors around the airline HiFly.
HiFly is based in Lisbon and currently operates a fleet of 15 aircraft, when combined with its subsidiary HiFly Malta. Only 14 of these aircraft are available for lease, as one A321 is permanently leased to the government of Belgium. The fleet of Germania would perfectly fit for the business of HiFly as they could also offer single-aisle aircraft to their customers. It is estimated that the Portuguese have a chance of about 70% of receiving approval to acquire Germania. Since the fleet is basically ready for operations and Germania can hold their airport slots until April 1st, 2019, the airline would be quite an attractive addition.
According to their homepage, HiFly is a leading widebody aircraft wet lease specialist operating worldwide. It is a go-to organization for airlines when they need additional capacity to cover their short/medium term or seasonal needs. Also, an increasing number of governments are adhering to wet lease as a reliable, safe and efficient source of transportation for officials and defense personnel. Aircraft wet lease stands for the provision on an aircraft on ACMI basis to the clients, e.g. including the crew, all the required maintenance, and the aircraft and third party liability insurance.
in https://aeronauticsonline.com/hifly-to- ... -germania/