Carry On
01.30.12
Spanair Collapses, Stranding 20,000 People
BBC News | Spain's fourth-largest airline Spanair has collapsed, leaving more than 20,000 passengers stranded across Europe and Africa.
The Barcelona-based firm stopped operating on Friday and more than 200 flights were abruptly cancelled.
The Spanish government is taking legal action and said Spanair could be fined 9m euros (£7.6m; $11.9m) over the collapse.
In 2010, Spanair reported an operating loss of 115m euros.
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