The Most Amazing Airline Failures of the Past 15 Years
Photo Credit: Oasis Hong Kong Airlines ceased operations in 2008, leaving ticket holders in the lurch. Visual Hunt / Binder.donedat
Skift Take
The airline industry is a tough business. Dozens of carriers have gone belly-up since Skift Airline Weekly began publishing in 2004. We picked 10 of the most interesting bankruptcy and grounding stories in the last 15 years.
It was a whole different world in the airline industry in 2004, when Airline Weekly published its first issue.
Back then before it became Skift Airline Weekly, the industry was still reeling from the after effects of the Sept. 11 terrorist attacks and the recession that followed. Consolidation had yet to happen (a process that's still playing out worldwide), and airlines were happy simply not to lose money. The European Union-U.S. Open Skies agreement hadn't been signed, so the restrictive Bermuda II agreement limited access to London Heathrow. A lot of the airlines flying today didn't exist or existed in different forms. And a lot of the storied names of aviation flying back then went under.
SIGN UP NOW TO SUBSCRIBE TO SKIFT AIRLINE WEEKLYHere, we take a look at 10 airlines that went bust since we published our first issue. This list is not exhaustive, but we've picked the stories we found
