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In this installment we review which airlines were, one of them centenary, that stopped flying after a complex 2024 throughout the world. Foto redes Czech Airlines
Year 2024 marked a turning point for the airline industry, with an unusual number of airlines ceasing operations. The combination of factors such as high competition, especially in the segment low cost, the increase in fuel prices and the difficulty of adapting to new passenger demands, It turned out to be a perfect storm for many companies..
The pandemic of COVID-19, although it seemed to be overcome, left deep consequences on the industry. Many airlines failed to fully recover and were forced to make difficult decisions. What's more, the growing pressure for sustainability and the decarbonization of aviation also contributed to the crisis.
The airlines that closed in 2024
Among the airlines that disappeared, the following stand out: CSA, a century-old airline Czech Republic which was precisely one of the oldest in the world, and Bonza, an ambitious Australian low-cost. On the other hand, airlines like Spirit Airlines They chose to restructure to face the challenges of the market.
The portal specialized in airline rating, Airline Ratings, made a compilation of those left by the skies of the world in 2024 and they are the following:
- CSA (Czech Republic): The centenary airline, affected by the pandemic, was absorbed by Smartwings.
- Bonza (Australia): Esta low-cost, with the support of 777 Partners, failed to take off in the Australian market.
- FlyEgypt (Egypt): Focused on routes to Saudi Arabia, ceased operations due to financial difficulties.
- Nordica (Estonia): After trying to survive with wet leases, finally closed.
- The flights (Armenia): Competition from other low-cost and larger airlines forced it to close.
- Humo Air (Uzbekistan): Its ambitious expansion plan was truncated.
- Jetlines (Canada): Financial difficulties led to the closure of this low-cost airline.
- OTT Airlines (China): It was absorbed by its parent company, China Eastern Airlines.
- Lynx Air (Canada): Despite your ambitions, the competition surpassed it.
- LOOK (Old and bearded): After several financial crises, finally closed.
- Tailwind Air (EU): Its seaplane services failed to attract enough demand.
- Eagle Air (Iceland): This small regional airline ceased operations.
- Lamnei Airlines (Cambodia): Intense competition led to its closure.
- JetAir Caribbean (Curacao): With a single aircraft, could not sustain its operations.
On the other hand, There are also airlines that are being restructured or changed their name:
- Spirit Airlines (EE. UU.): Declared bankruptcy and seeks to restructure to face competition and post-pandemic challenges.
- Air Vanuatu (Vanuatu): Temporarily suspended operations to restructure and resumed domestic flights.
- Air Malta (Malta): It was replaced by a new airline, KM Malta Airlines, with a renewed strategy.
- Vistara (India): Merged with Air India, strengthening the presence of the latter in the market.
Let's see what news the 2025.
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