Each year, I reflect on the airlines we lost over the past 12 months. While I much prefer writing about thriving airlines, examining closures offers insight into the industry’s harsh realities. Most airlines that ceased operations in the past year were small-scale ventures. Some, like ČSA Czech Airlines, LIAT, and Air Malta, carried historic names and legacies, while others were new players with big ambitions. Several carriers sought to disrupt markets or introduce unique business models. For instance, HumoAir dreamed of connecting 60 destinations within a year, and Bonza promised affordable airfares tailored to Australians.…
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Stranded? What To Do When Your Airline Collapses
Question: “How do you create a small airline?” Answer: “Buy a big one and wait for a couple of years.” Boom boom! The airline industry is very volatile, as many thousands find out every year. I have flown 125 airlines since 1968. Of those, 41 do not exist anymore. Names such as Air Berlin, Alitalia, Ansett, Malev, and Pan Am no longer grace the skies. This year: Last year, we saw the demise of Aeromar, Air Moldova, Flybe, Flyr, Go First, MYAirways, Niceair, and Viva (full list and background information at link). If you or…
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