Monday, March 06, 2023

Airlines going bust during Coronavirus pandemic

 Since the Coronavirus pandemic broke out,68 airlines have gone bust,including British low-cost airline Flybe and Italian legacy carrier  Al italia.

              Aviation analysis Miquel Ros keeps a list of these disappearing airlines on his website,Allplane.

              " The large airlines that went under during the pandemic,many of them were already in a sort of chronic mismanagement and financial stress," he said " so,the pandemic was a bit like the last straw."

                Even as some airlines take a nosedive,new airlines are taking off every month.Allplane said that 37 airlines were founded across the globe in 2022,including another budget airline in Colombia.-PRI,The World,March 3,2023

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