04 Feb, 2012
TAS-Air goes into liquidation
News reports state that TASMANIAN airline and pilo ... more
03 Feb, 2012
Malev Hungarian Airlines ceases operations
News reports state that Hungarian flag-carrier Mal ... more
29 Jan, 2012
Air Alps ceases trading
News reports state that financially troubled Austr ... more
28 Jan, 2012
Spanair ceases flying, thousands stranded
News reports state that "Faced with the lack of fi ... more
27 Jan, 2012
Czech Connect Airlines files for bankruptcy
News reports state that Czech Connect Airlines has ... more
22 Jan, 2012
Cirrus Airlines ceases operations
News reports state that German regional carrier Ci ... more
07 Dec, 2011
Iata forecasts big drop in airline profits
News reports state that News reports state that Th ... more
29 Nov, 2011
American Airlines (AMR) files for Bankruptcy Protection
American Airlines, Inc. announced throught its web ... more
22 Nov, 2011
Thomas Cook shares crash after default warning
News reports state that Thomas Cook asked lenders ... more
15 Nov, 2011
SeaFrance suspends services ahead of court hearing
News reports state that French ferry company SeaFr ... more
11 Nov, 2011
Air France profits down 95.2%
News reports state that Air France KLM Group repor ... more
01 Nov, 2011
Sky Express ceases operations
News reports state that Russian authorities withdr ... more
07 Oct, 2011
Airlines' 2Q earnings fall 40% to $2.3 billion
News reports state that the world's airlines poste ... more
06 Oct, 2011
IATA Warns of tough times ahead for Airlines
News reports state that The International Air Tran ... more
04 Oct, 2011
Avianova stops online ticket sales as it faces a financial crisis
News reports state that Russian low-cost carrier A ... more
03 Oct, 2011
KMV Airlines ceases flying
News reports state that Rosaviatsiya, the Russian ... more
22 Sep, 2011
Air Baltic files for protection from Bankruptcy
News reports state that AirBaltic (BT) filed for l ... more
03 Aug, 2011
Disaster aftermath pushes ANA to ¥8.4 billion June quarter loss
News reports state that still reeling from the aft ... more
11 Jul, 2011
Mat Airways ceases flying
News reports state that the Macedonian carrier sus ... more
11 Jul, 2011
Air Guenca supsends operations
News reports state that the Ecuadorian domestic ai ... more
07 Jun, 2011
World Airline body states profit warning that hits airlines
News reports state The International Air Transport ... more
06 May, 2011
Aer Lingus chief warns of further cost-cutting
News reports state that High fuel costs, low winte ... more
10 Mar, 2011
High oil price cuts airline profits by almost 50%.
News reports state that IATA has downgraded its ai ... more
24 Feb, 2011
EasyJet chief warns of fresh airline failures as oil surges Premium
News reports state that EASYJET boss Carolyn McCal ... more
18 Nov, 2010
Viking Airlines AB files for Swedish equivalent of Chapter 11 administration
News reports state that Viking Airlines AB has fil ... more
12 Nov, 2010
Pontins goes into administration
News reports state that administrators have been a ... more
20 Oct, 2010
Cyprus Turkish Airlines declares bankruptcy
News reports state that the board of the debt-lade ... more
20 Oct, 2010
Hamburg International files for insolvency
News reports state that the Airline Hamburg Intern ... more
18 Oct, 2010
Viking Airlines suspends operations
News reports state that the Swedish airline said t ... more
01 Oct, 2010
Star1 Airlines files for bankruptcy
News reports state that the writing was on the wal ... more
28 Aug, 2010
Mexicana stops flying
Current management received the company in a state ... more
17 Aug, 2010
Kiss Flights & Flight Options collapse
News reports state that London-based travel compan ... more
11 Aug, 2010
Theme Park Tickets Direct goes bust
News reports state that ThemeParkTicketsDirect.com ... more
30 Jul, 2010
Grupo Mexicana de Aviacion critical financial situation
News reports state Grupo Mexicana de Aviacion, Mex ... more
20 Jul, 2010
Air Pacific loses big
News reports state that Qantas' hopes to sell its ... more
02 Jun, 2010
Fly Direct placed into liquidation
News reports state that Fly Direct Ltd, a company ... more
27 May, 2010
Iraqi Airways to be closed following bankruptcy
News reports statet that Iraq has blamed Kuwait fo ... more
14 May, 2010
Ghana International Airlines (GIA) shuts down
News reports reaching Asempa News indicate that wo ... more
13 May, 2010
Cyprus Turkish Airlines faces bankruptcy
News reports state THE NORTH’S Cyprus Turkish Airl ... more
27 Apr, 2010
Ritz-Carlton hotel at Lake Tahoe goes into default
News reports state that The new Ritz-Carlton luxur ... more
22 Apr, 2010
Airline financial pressures due to Volcanic Ash
News reports state that with air traffic beginning ... more
14 Mar, 2010
Varsity Express: Baby Branson’s bogus business
News reports state that a young aviation entrepren ... more
10 Mar, 2010
Additional layoffs ahead as Aer Lingus plunges to loss
News reports state that Aer Lingus Group reported ... more
03 Mar, 2010
Air Slovakia ceases operations
News reports state that Air Slovakia ceased operat ... more
12 Feb, 2010
Blue Wings announces its insolvent, services suspended
News reports state that Blue Wings announced that ... more
05 Feb, 2010
BA makes record losses
News reports state that British Airways posted its ... more
19 Jan, 2010
JAL files for bankruptcy administration
News reports state that Japan Airlines Corp said o ... more
23 Dec, 2009
Spanish Air Comet collapses as administrators impound planes
News reports state that Spanish low cost carrier A ... more
16 Dec, 2009
Scotland's biggest airline, Edinburgh-based Flyglobespan, has been placed in administration
News reports state that Scotland's biggest airline ... more
10 Dec, 2009
Serbia's Jat Aiways seen facing reform or demise
News reports state that Serbia's state airline Jat ... more
27 Nov, 2009
WizzAir suffers €9.5 million in losses
News reports state that the low-cost Budapest-base ... more
15 Nov, 2009
Flyglobespan stave off collapse with last minute cash injection
News reporst state that Flyglobespan, Scotland's b ... more
06 Nov, 2009
British Aiways record £292 million loss
News reports state British Airways has plunged to ... more
09 Oct, 2009
Kingfisher yet to settle fuel dues with BPCL
News reports state that - The state-owned Bharat P ... more
28 Sep, 2009
Japan minister says JAL won't be liquidated
News reports state that Japan's transport minister ... more
25 Sep, 2009
JAL (Japan Airlines) on the brink of collapse
News reports state that Japan Airlines is teeterin ... more
02 Sep, 2009
IATA: Second-quarter losses plunge past $2 billion
News reports state that IATA said 54 airlines that ... more
01 Sep, 2009
SkyEurope collapses, thousands stranded abroad
News reports state that Slovakia-based no-frills a ... more
30 Jun, 2009
Airlines being financially squeezed
News reporst state that the world's airlines lost ... more
22 Jun, 2009
Lufthansa's financial outlook deteriorates
News reports state that Lufthansa's forecast of a ... more
21 Jun, 2009
JAL looks set for $1 billion government loan
News reports state that the Japanese government is ... more
02 Jun, 2009
British Airways Faces 'Fight For Survival' Says CEO
News reports state that British Airways is facing ... more
20 May, 2009
Travel plans in disarray as OzJet grounded
News reports state that Passengers at Perth Airpor ... more
15 May, 2009
Air Fiji closed down
News reports state that the government and the rep ... more
17 Mar, 2009
SkyAirWorld collapses
News reports state that collapsed Australian regio ... more
17 Mar, 2009
East Star suspends operations
News reports state that East Star suspends operati ... more
30 Jan, 2009
Australia's MacAir leaves passengers stranded
News reports state MacAir's sudden move into recei ... more
25 Jan, 2009
Nordic Airways looses license due to financial problems
News reports state that Nordic Airways, a Stockhol ... more
17 Jan, 2009
FlyLAL grounded stranding passengers
News reports stat that Lithuania's national carrie ... more
11 Jan, 2009
Zambian Airways suspends operations
News reports state that Zambia's privately-owned c ... more
09 Dec, 2008
Advantage Rent A Car files for bankruptcy
News reports state that Advantage Rent A Car has f ... more
05 Dec, 2008
Flightline collapses
News reports state that Flightline Ltd, the Southe ... more
10 Nov, 2008
Alma de Mexico Airlines files for Bankruptcy
News reports state that Alma de Mexico suspended o ... more
29 Oct, 2008
Sterling European Airlines to File for Bankruptcy Protection Today
News reports state that Sterling Airlines A/S will ... more
17 Oct, 2008
Lte International Airways ceases operations
Their website staets "Lte International Airways ... more
01 Oct, 2008
AIRUnion shuts down
News reports state that AiRUnion, the failed Russi ... more
19 Sep, 2008
Alitalia 'on the edge of an abyss'
News reports state that Berlusconi: Alitalia 'on t ... more
17 Sep, 2008
Olympic Airways to shut down
News reports state that Olympic Airlines will be s ... more
12 Sep, 2008
XL Travel Group (XL Airways) Bust - Thousands Stranded
News reporst state that XL Leisure Group Plc, the ... more
29 Aug, 2008
Alitalia board OKs bankruptcy protection
News reports state that Alitalia's board on Friday ... more
29 Aug, 2008
Airline collapse hits thousands
News reports state that hundreds of people have be ... more
22 Aug, 2008
AiRUnion - financial problems impact operations
News reports state that Russian airline alliance A ... more
21 Aug, 2008
IATA's Bisignani: 'We are in the perfect storm'
News reports state that "We are a fragile industry ... more
01 Aug, 2008
BA Chief warns "airlines will go bust"
News reports state that more airlines will go bank ... more
28 Jul, 2008
Trade Winds Airlines files for Chapter 11
News reports state that TradeWinds Airlines announ ... more
25 Jul, 2008
Aerocalifornia services suspended
News reports state that Aerocalifornia was suspend ... more
17 Jul, 2008
Report Predicts Airline Bankruptcies, Liquidation in 2009
News reports state that a report released Tuesday ... more
12 Jul, 2008
Airline stocks in tailspin over new record-high oil price
News reports state that a new record high for benc ... more
11 Jun, 2008
Oil costs will push some Asian airlines under: analysts
News reports state that Record-high oil prices hav ... more
30 May, 2008
ALMOST 10,000 PASSENGERS HIT BY SILVERJET GROUNDING
New reports state that almost 10,000 passengers ha ... more
09 May, 2008
EuroManx stops flying
EuroMax Airlines website stated today "It is with ... more
04 May, 2008
Sri Lanka's budget airline grounded
News reports state that Sri Lanka's state-run budg ... more
29 Apr, 2008
Nationwide Airlines ceases all flights due to critical cash flow
Nationwide Airlines announced today that they have ... more
27 Apr, 2008
Eos Airlines Files For Bankruptcy
News reports state that Premium class New York to ... more
11 Apr, 2008
Frontier Airlines files for Chapter 11 bankruptcy
News reports state that Frontier Airlines filed fo ... more
10 Apr, 2008
Swazi Express Airways close operations
News reports state that Managing Director Hans Ste ... more
10 Apr, 2008
More than 30,000 passengers hit by Oasis Airlines closure
News reports state that more than 30,000 passenger ... more
05 Apr, 2008
Skybus folds
News reports state that Columbus-based airline bla ... more
04 Apr, 2008
ATA Airlines shuts down
News reports state that ATA Airlines, an independe ... more
30 Mar, 2008
Aloha Airlines Halting Passenger Service
News reports state that Aloha Airlines said Sunday ... more
19 Mar, 2008
Low cost Indonesian airline Adam Air to be shut down
News reports state that Indonesian low-cost carrie ... more
31 Jan, 2008
Travel misery after airline closure - City Star Airlines
Travel misery after airline closure News report ... more
23 Jan, 2008
Norway's No. 4 airline, Coast Air, declares bankruptcy, immediately grounds all flights
News reports statte that Norway's No. 4 airline, C ... more
18 Jan, 2008
Air Mauritanie liquidated
News reports state that court orderes Air Mauritan ... more
26 Dec, 2007
Big Sky Shuts Down Nationwide Operations
News reports state that the airline announced they ... more
25 Dec, 2007
Maxjet Airways files for bankruptcy protection
News reports state that Maxjet Airways threw itsel ... more
22 Dec, 2007
FlyWhoosh grounded
News reports state that troubled airine flyWhoosh ... more
Website to provide cover for airline collapse
As another travel company, XL Leisure, goes into administration, British holidaymakers not covered by the ATOL system can now protect their holiday against airline failure ... Read more
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