OMAAbound
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Who will be the next European airline bankruptcy?

Wed Feb 06, 2019 12:17 pm

With the demise of European Carriers growing larger as we speak who will be the next airline to go bankrupt?

Over the past 3 years, we’ve seen Air Berlin, Monarch, Primera, (Alitalia to a degree) and now Germania (too name but a few)

Who do we think will be the next airline to go bankrupt?

OMAA
Last edited by atcsundevil on Wed Feb 06, 2019 2:08 pm, edited 1 time in total.
Reason: Non descriptive title
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FlyRow
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Re: Who will be the next European airline bankruptcy?

Wed Feb 06, 2019 3:39 pm

Alitalia?










oh no, they will be saved again by the goverment
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YIMBY
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Re: Who will be the next European airline bankruptcy?

Wed Feb 06, 2019 4:39 pm

I am afraid that it is [X] though there are several smaller airlines whose name I forgot already at the brink. It may be mere luck which of them is the first.

Of course [Y] is in a continuous bankruptcy but let us not count it as it will be reborn one way or another with the help of the government.

Within two months we will know much more about the future aviation scene, and lot of other things, too.
 
SCQ83
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Re: Who will be the next European airline bankruptcy?

Wed Feb 06, 2019 4:52 pm

There are still many carriers in Eastern Europe.

Adria (Slovenia) would be a good candidate. Croatia Airlines too but Croatia is more complicated because of multiple airports / domestic market.
 
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PPVLC
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Re: Who will be the next European airline bankruptcy?

Wed Feb 06, 2019 6:09 pm

Not Alitalia. Alitalia is like Cher,cockroaches, and Betty White
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PatrickZ80
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Re: Who will be the next European airline bankruptcy?

Wed Feb 06, 2019 6:20 pm

Nordica would be a possibility.
 
PlymSpotter
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Re: Who will be the next European airline bankruptcy?

Thu Feb 07, 2019 7:46 pm

FlyBe is still at risk. Shareholders need to approve the takeover deal in a meeting on 4th March, considering how low the offer is, there is concern it will be refused.
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steveinbc
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Re: Who will be the next European airline bankruptcy?

Fri Feb 08, 2019 3:24 am

It would be nice to see Ryanair go bankrupt....but that's not going to happen sadly. :)

Most likely FlyBe as stated by another poster in my book. They don't seem to have a coherent business model......and of course they also have arguably the ugliest livery in Europe
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FlySSC
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Re: Who will be the next European airline bankruptcy?

Fri Feb 08, 2019 2:39 pm

Norwegian ?
 
debonair
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Re: Who will be the next European airline bankruptcy?

Sat Feb 09, 2019 9:15 am

Strange, nobody mentioned WOW AIR... In my personal opinion, Aigle Azur is also a top candidate
 
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PatrickZ80
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Re: Who will be the next European airline bankruptcy?

Sat Feb 09, 2019 9:28 am

A few months ago I would have agreed on WOW Air, however they've been taken over by Indigo Partners and are in the process of restructuring. For sure they wouldn't have made it on their own, they were lost and didn't know what to do. But Indigo Partners does know what to do and under their management they might actually make it.

Aigle Azur is indeed a likely candidate.
 
VSMUT
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Re: Who will be the next European airline bankruptcy?

Sat Feb 09, 2019 2:59 pm

PatrickZ80 wrote:
Nordica would be a possibility.


I've heard some negative things from that direction too. They'll probably get slammed by SAS for not living up to contractual obligations at some point. They grossly underestimated the cost of operating the ATR as well.
 
debonair
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Re: Who will be the next European airline bankruptcy?

Sat Feb 09, 2019 11:53 pm

...sorry, I forgot to add PLUS ULTRA and AirAzores to my post. :stirthepot:

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