Jakarta –
More or less 64 airline stopped operating due to the pandemic. The bankruptcy was recorded since 2020 or since Covid-19 was declared a pandemic.
Collect CNN, Thursday (16/2/2023), the number of airlines going bankrupt was recorded by the flight site and podcast AllPlane. The data is continuously updated over time.
Only a handful of airlines have bounced back after declaring bankruptcy or changing names. However, the amount is not small until it is lost forever.
On average, a traveler may not recognize the names of these airlines, such as Jet Time, NokScoot or Fly My Sky. However, there are some big names that have also sunk in the pandemic, for starters namely Alitalia, the former Italian national airline.
Now, Italy has a replacement national airline called ITA Airways.
Air Namibia, another national carrier to also go bankrupt in 2021.
“I was surprised to see the Alitalia brand because before that it was still flying continuously,” said Miquel Ros, founder and editor of AllPlane.
For him, regardless of the numbers, the pandemic is not the end that ends the world’s airlines and airlines. The pandemic hastened already troubled industries to die faster.
“This prompted many airlines who were in a difficult financial situation to give up,” he said.
“Most of those that fail in 2020 are likely to be out of business soon after. Many of these airlines have been in trouble for some time, or are fragile businesses that lack the scale and scope to compete with the big carriers,” he added.
Ros began tracking airline bankruptcies in 2018, when 18 global airlines went bankrupt. In 2019, that number has skyrocketed to 34.
Again, the airlines that went bankrupt were mostly small companies, from Curacao to Insel Air. His fleet of three Fokkers couldn’t keep up with the big players.
By comparison, the numbers from the pandemic don’t look too bad. In 2020 it lost 31 airlines, in 2021 there were 19 airlines, and in 2022 it dropped to only 12. However, with several failures, 2023 also seems to be a tough challenge for airlines.
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(msl/fem)
