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Spanair’s bankruptcy

Spanair’s bankruptcy. Francisco de Gomis Godia Antoni Prats Juni Luiz Muñoz. Index. Sector History Nowadays Spanair’s Background From Spanair to Spanair The Catalan Spanair What was Wrong ? Stakeholders The Future. The Aviation History. Globe. Graf Ferdinand von Zeppelin .

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Spanair’s bankruptcy

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  1. Spanair’s bankruptcy Francisco de GomisGodia Antoni Prats Juni Luiz Muñoz

  2. Index • Sector • History • Nowadays • Spanair’sBackground • FromSpanairtoSpanair • TheCatalanSpanair • WhatwasWrong? • Stakeholders • TheFuture

  3. The Aviation History Globe Graf Ferdinand von Zeppelin Golden Age XVIII-XIX 1903 1912 IWW 1918-1939 Wright Brothers I World War

  4. II World War Moon-Landing After II WW 1960 1969 Present New technologies

  5. The Aviation Sector 55.03 million Passengers

  6. The Aviation Sector $ 400 million Profit

  7. The Aviation Sector 3 million airplanes

  8. The Aviation Sector 8,186 commercial lines

  9. The Aviation Sector 9,000 Airlines in the USA

  10. The Aviation Sector 15,000 Airlines in Europe

  11. Background of Spanair Year 1997 Year 1994 December 1986 Year 1999 9/11 2001 May 2003 June 2007 August 2008

  12. August 28, 2008 508.000 Google Results 168.000 Images 494 Videos 50.000.000€ 154 Deaths

  13. From

  14. To

  15. From To Year 2008 Debt of Spanair 500.000.000€ Bought for nothing by Catalan Agents June 2009 first flight Reasons

  16. The Catalan Spanair

  17. The Catalan Spanair Public Intervention Debt

  18. The Crash

  19. What was Wrong? • Structural insolvency • Inefficient Cost per Available Seat Mile 50% above average • Market crowded less productive are out • Not well defined strategy: neither a flag • carrier nor a low cost

  20. What was Wrong? • Economic crisis • Emergence of lowcost • Oilprices • Accident of 2008 • CatalanSpanair? Dear passengers and employees. The airman informs you that we have been flying above our possibilities

  21. Stakeholders Catalan Government Customers Shareholders Creditors Catalans Competitors Employees

  22. The Future Many things have to be taken into consideration…

  23. Thank you for your attention! Francisco de GomisGodia Antoni Prats Juni Luiz Muñoz

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