The Civil Aviation Authority of Albania (AAC) announced on Monday that it has suspended the operating license of the national airline Air Albania, citing violations of the legislation and regulations governing air transport.
In its written response to the Albanian website, the competent authority avoided providing specific clarifications on the reasons that led to this decision.
Last week, Albanian media reported that Air Albania was in a precarious financial situation, with scenarios even of imminent bankruptcy. At the same time, flight cancellations were recorded from Tirana to Istanbul, one of the company's main destinations.
According to a tirana airport spokesman, At least three scheduled flights on Friday were canceled without an official justification.
It is recalled that last month Turkish Airlines, the main shareholder of Air Albania, announced its intention to withdraw from the shareholding structure, putting up for sale the 49% it owns.
Air Albania was founded in 2018. According to the commercial registry, 41% of the shares are owned by the private Albanian company MDN Investment, co-owned by Rejana Idrizi and Najada Idrizi.
In May, Albanian Prime Minister Edi Rama said that the company was going through a particularly difficult transition period, adding, however, that there were plans for future expansion of its activities.
