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Business

13 airlines declare bankruptcy in 2019

epa07863856 An Airbus A320 of Thomas Cook Airlines at International Airport in Duesseldorf, Germany, 23 September 2019. More than 600,000 vacation reservations were canceled on 23 September, after Thomas Cook ceased to operate. According to media reports, the company's collapse will see Britain's largest peace time repatriation take place to get stranded customers home. EPA-EFE/FRIEDEMANN VOGEL

The declaration of bankruptcy by Adria Airlines will be the 13th announcement o an airline carrier to fold this year.

The Slovenian Air carrier’s decision followed the one taken earlier on last month by Thomas Cook Airlines and French Aigle Azur.

Aigle Azur filed for bankruptcy earlier in September but was finally liquidated on Friday. It was based at Paris Orly Airport and served more than 20 destinations across Europe, Africa, primarily Algeria, and the Middle East. Despite boasting some 1.9 million passengers last year, the airline’s fate follows that of  other airlines including Thomas Cook Airlines, Flybmi and Wow air. The French government has called on Air France to consider hiring any of the 1,150 workers left unemployed by Aigle Azue’s demise.

The airlines which folded this year are:

  • Thomas Cook Airlines
  • XL Airways
  • Aigle Azur
  • Avianc Brazil
  • Wisdom Airways
  • Fly Jamaica
  • Wow Air
  • Insel Air
  • Flybmi
  • Shaheen Airlines
  • Germania
  • California Pacific Airlines
  • Adria Airways

Via Telegraph / CD 

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