Vienna-based airline, Level Europe, has ceased trading. The European arm of Level, expects to appoint an administrator in the coming days.
The airline’s European short-haul flights have been grounded since March due to the impact of the coronavirus crisis.
A statement from the airline reads: “Level Europe, the Austrian based low-cost carrier previously named ANISEC, intends to file for insolvency.
“The airline, whose short-haul flights have been grounded since March 2020, has ceased trading with immediate effect.
“Once insolvency proceedings are filed, an Austrian court will appoint an administrator.”