As airlines worldwide report their quarterly and half-yearly results, it’s clear that the industry is at an inflection point, with capacity outstripping supply and fares dropping. If 2023 was the year of the big ramp-up, then 2024 is turning into the big ramp-down, with airlines critically evaluating their routes and weeding out the unprofitable ones.
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While these sort of retrospective pieces appear at the END of a calendar year, there was simply SO MUCH aviation news at the time that we decided to cover this topic later. While airlines worldwide have benefited from record passenger numbers and a solid recovery from the disruptions of the pandemic, other airlines have seen major disruptions due to various circumstances – sadly leading to their downfall. We take a look at the airlines lost in 2024…