Belgian air traffic control in danger of going bankrupt
Wednesday, May 22, 2013
Brussels -- Threat of bankruptcy air traffic control Belgium increases. In the U.S., air traffic control faced serious issues after federal funding was pulled, leading to redundancies, understaffing and delays. According to Belgian air traffic control Belgocontrol's president Jean-Claude Tintin, the same fate awaits his company, meaning bankruptcy is fast approaching.
Air traffic control Belgium in danger
Air traffic control in Belgium suffered a 13-million-euro loss last year, and this deficiency is still increasing. In order to survive this year's third quarter, the Belgian Air traffic control will need 5 million euros (4.3 million GBP). The company is now in negotiations with a number of large banks for this life line. Tintin has written to the Belgian federal government, informing them of the impending bankruptcy in 2014 and asking them for a 25-million euro cash injection for the next year.
Belgocontrol is independent governmental body
Belgocontrol is an independent governmental body, which means it has to operate autonomously. The air traffic control is required to supply certain services, including a number of services for regional airports, free of charge. This is one of the reasons the air traffic control is now facing financial woes.
The Belgian company employs approximately 1,000 people. Every country needs to have an air traffic controller, which means the Belgian federal government is now forced to find a solution for the impending bankruptcy.
Written by: Team Flight-Delayed
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