A lot of airlines stopped flying in 2019
By The Independent, UK Although the aviation industry is growing, there are always businesses that fall by the wayside. In 2019 alone, 23 carriers have stopped flying, making it a record breaking year for airline bankruptcies. Thomas Cook’s demise was one of 2019’s most shocking failures, but plenty of smaller brands have also gone under, including Flybmi and WOW Air. Increased competitiveness, cost pressures, Brexit uncertainty and high fuel prices are the most common causes of airline bankruptcy…
