list of airlines that have gone bust

Midway Airlines began flying in 1979 following the deregulation of the US airline industry. Ernest Airlines operated one A319 and 3 A320s (although one of these may have been in storage for at least some time this year)One of the multiple airlines using the Fastjet brand across Africa. It only lasted a matter of months after one of its An-148 aircraft crashed with no survivors and its AOC was revoked.A charter and leisure operator with subsidiaries in several countries (the successor to another airline called FlyLaL).

Founded by Sir Freddie Laker in 1966, the airline and its fleet of McDonnell Douglas DC-10 "Skytrains" promised low-cost travel across Atlantic for half the price of its competitors. Although Flybe was already on the brink of collapse — despite a major investment by a Virgin Atlantic-led consortium the previous summer — the coronavirus crisis pushed it over the edge. According to research by CAPA, North America’s seven largest carriers account for 82% of the market; in Europe its just 55%.While some sort of consolidation is almost natural, the speed at which airlines are going belly up has been dramatic.

Breeze Energy is the latest domestic energy supplier to go bust. Even before the containment was adopted across the globe, airlines began to drastically cut flights to China, and other locations in Asia as coronavirus-related anxieties led passengers to avoid travel to the region.Within weeks, however, it became apparent that flights to Asia were not the only routes to see lower demand.As the virus spread to Europe, followed by the Americas and Africa, passenger demand plummeted across the board. Eastern filed for bankruptcy in 1989 before ending flight operations in January 1991.

Subsequent attempts to revive the brand have proven to be unsuccessful. It Although Flybe was purchased by a Virgin Atlantic-led consortium in summer 2019, it could not turn its financial struggles around quickly enough. Founded in 1958, Interflug succeeded Deutsche Lufthansa (different from West Germany's Lufthansa) as the national airline of East Germany. Founded in 1946, the Honolulu, Hawaii-based airline ceased passenger flight operations in March 2008. The originally named Ernest Airlines (or FlyErnest, as it appeared on its website) focused on traffic between Italy and two Eastern European countries: Albania and Ukraine. It now operated only 3 Fokker 50s.Yet another airline from Tajikistan and one that I had not heard about before a reader brought it to my attention.In some ways, a pioneering trans-Atlantic lcc. It went from a profitable niche operation out of Belgium and London City to several changes of ownership and finally a period as charter operator.Although it had been operating for quite a few years, it is only recently that this Ukrainian airline entered the scheduled market.A regional operator in Sweden. Here’s a look at some carriers that crash landed and never flew again. REUTERS/Jason Reed I came across this post about airlines that have merged or gone bust.

Despite the market’s amazing growth, it looks like it is tough being a full service airline in India.A really small airline operating Cessna Caravans out of Chiang Mai.

Flybmi. Reuters The airline ceased operations in October 2017. Difficult times for once-(relatively)mighty Avianca. We take a look at what’s going on, and whether we’re all done with the cull yet.Of course, these are not the only casualties of the currently volatile European market. The grounding has been labelled as “temporary”, will see what happens. It got its license suspended in November 2019.An airline with a history of financial difficulties going back at least a decade.

Reuters The airline shut down in November 1991.

AP Photo/Wally Fong Founded in 1931, Swissair was at one time one of the most respected airlines in the world. Sign up for our Shifting Gears newsletter now. Since the beginning of September, four European airlines have ceased trading, three in the last week alone. (CNN) — In the little more than 100 years of commercial air travel, thousands of airlines have come and gone as casualties of oil prices, politics, mismanagement or financial loss. Founded in 1973, Indiana-based ATA Airlines filed for bankruptcy and ceased flight operations in April 2008.