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Eastern Europe Airline Update

Following on from last week’s post about Czech air, the ex European bloc airlines have not fared well since the dissolution of the former Soviet states.  In Slovakia, Slovak Airlines closed in 2007, SkyEurope 2009 and Air Slovakia in 2010 Last year, Malev, the airline of nearby Hungary collapsed and WizzAir has made continuous losses since launching in 2003 Poland’s LOT is in financial difficulties Bosnia and Herzegovina B&H Airlines was grounded briefly last month Romanian government owned TAROM has had five years of losses Croatia Airlines has lost money almost every year since commencement in 1989 and was unable to…

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