LEVEL Europe, the low-cost airline part-owned by International Airlines Group (IAG) and operated by Vueling, has ceased trading today.
A message on the airline’s website states:
LEVEL Europe will enter insolvency on June 18, 2020.
All flights have been grounded as of March 2020 and the Austrian business has ceased trading with immediate effect.
This affects the Austrian-based short-haul airline, and not the Spanish long-haul airline, which will continue operating.
LEVEL has bases at Amsterdam Schiphol and Vienna, and operated a fleet of four Airbus A321 aircraft. They are:
- OE-LCF (1966) Airbus A321-211
- OE-LCN (6454) Airbus A321-211SL
- OE-LCP (6629) Airbus A321-211SL
- OE-LCR (6719) Airbus A321-211SL
IAG said that LEVEL “has been impacted by the unprecedented crisis caused by Covid-19”.