Recent failed airlines

[bulldog]

All the recent airline failures makes you think MOL May be correct when he predicted that due consolidation and mergers Europe will end up with I think he said only 4 or 5 airlines . So just looking back to this year these are the losses. So September not a good month at all. Surprising to me is no Italian failures due to dire straights of there economy.
Doing this on mobile so if table comes out badly perhaps a mod could align columns (Done by Mod, all part of the service!)

Launch    Airline.         Failure.     Country

1978.     Germania.        2/19.        Germany
1987.     BMI Regional     2/19.        U.K
2012.     WOW Air.         3/19.        Iceland
1946.     Aigle Azur.      9/19.        France
2000.     Thomas Cook.     9/19.        U.K
1995.     XL Airways.      9/19.        France
1961.     Adria.           9/19.        Slovenia

Not sure how this compares with other recent years, sad to see them go.

[kuga59]

If you go back over the years September is never a good time for airlines. A bad summer season will leave them short of cash to survive the winter.

[buspilot]

Slovinia's Adria Airlines which has ceased operations, had been around since 1961. Also known as Inex Adria in the days of Yugoslavia. Then a DC9 operator, they had one of their aircraft leased to British Midland (G-BMWD/YU-AJF) for several years.
Those who took a Yugotours holiday in the 60's probably flew with them.

[bulldog]

Looks like Peruvian airlines can join the list!!

[spitfire250]

A good relevant explainer on the subject: youtu.be/cnfoTAxhpzQ

[kuga59]

Oct 8, 2019 21:41:25 GMT 1 spitfire250 said:

A good relevant explainer on the subject: youtu.be/cnfoTAxhpzQ

Well worth the watch.