Europe’s Airline Woes Hit Slovenia — and Its Promising Tourism Growth
Photo Credit: RIP, Adria Airways. Flickr / TravelingOtter
Skift Take
European aviation's wretched month will also have major effects on up-and-coming tourist destinations. Slovenia is one such example.
On the last day of September, Adria Airways bit the dust and filed for bankruptcy, capping off a dismal month for European aviation.
The collapse of a European flag carrier like Adria has numerous causes, including airline consolidation across Europe, dwindling investor confidence, and a weak economy in Europe. And much like with Iceland's Wow Air, the collapse of a key carrier in a relatively immature tourism economy can have significant effects.
A study from travel analytics firm ForwardKeys found that the collapse of Adria will result in a 59.7 percent loss
