LEVEL Europe Collapses & Enters Insolvency

LEVEL Europe, an Austrian based airline part of the IAG, has today filed for insolvency and ended all operations in Vienna and Amsterdam.

Passengers who hold tickets on LEVEL Europe (not the LEVEL long-haul) should contact their credit card issuers for a chargeback and refund.

You can access the airline’s website here.

Here’s the announcement from the airline:

LEVEL EUROPE (IN ADMINISTRATION) (‘THE COMPANY’ OR ‘LEVEL EUROPE’)

THIS PAGE WILL NOT BE MONITORED

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.

CUSTOMERS

Please note that LEVEL Europe is unfortunately not able to arrange alternative flights for passengers. At this time we kindly request you do not contact our Call Centres unless your travel is within the next 48 hours, as we are experiencing high levels of call volume at this time.

If you have a booking sold by a marketing carrier or travel agent for LEVEL Europe flight, please contact that marketing carrier or travel agent to confirm if there is any impact to your travel plans.

An administrator will be appointed to answer further questions.

EMPLOYEES

In the event that you were an employee of the Company and you require any further information or assistance in relation to the Administration, an administrator will be appointed. Contact information for the administrator will be posted on this page on or before Wednesday June 24, 2020.

CREDITORS AND SUPPLIERS

In the event that you were a supplier or creditor of the Company and you require further details in relation to the Administration, an administrator will be appointed. Contact information for the administrator will be posted on this page on or before Wednesday June 24, 2020.

MEDIA

All media enquiries are directed to contact press@anisec.at

Conclusion

LEVEL Europe was part of IAG’s Vueling-group. I guess that the IAG, parent of British Airways, Iberia, Aer Lingus, and Vueling, felt that this would be the best time to exit this discount carrier’s short-haul ambitions from Austria.

Not sure if this also means that we eventually see the long-haul LEVEL leveled too?

This LEVEL has made very little sense from the getgo beyond being a defensive measure against Norwegian’s long-haul ambitions from IAG’s basis. The LEVEL long-haul flights were operated by Iberia but without the operator’s service concept.

The IAG’s chairman and former British Airways head, Mr. Willie Walsh, said back in the 2010s that many European airlines would go bust. I guess that he then didn’t intend any airlines owned by IAG to collapse like what happened today. Oh, the irony.