Recent European airline collapses ------------------------------------ Slovenian carrier Adria Airways is the latest in a string of European airlines to have folded in the past few years, leaving passengers stranded, crew unemployed and aircraft grounded ------------------------------------ Aug 2017: Germany’s second-biggest airline files for bankruptcy after years of losses. Parts of insolvent company bought by Lufthansa in October ------------------------------------ Feb 4, 2019: Budget German carrier cancels all flights immediately as it fails to secure financing to navigate short-term cash squeeze ------------------------------------ Sep 23, 2019: Collapse of world’s oldest travel company strands some 600,000 holidaymakers, sparking largest peacetime repatriation effort in British history ------------------------------------ Oct 2017: Collapse of British carrier affects 870,000 passengers. Finances hit in 2016 when security concerns deterred travel to Egypt, Tunisia and Turkey ------------------------------------ Feb 16, 2019 UK regional airline files for administration, abruptly cancelling all flights and blaming uncertainty over Brexit as main cause of collapse ------------------------------------ Sep 27, 2019: French airline ceases activities after commercial court rejects financial rescue offers. About 19,000 passengers stranded by flight cancellations ------------------------------------ Mar 28, 2019 Icelandic discounter ceases operations after failed efforts to raise funds. Collapse negatively affects Iceland’s tourism- dependent economy ------------------------------------ Oct 2018: Danish airline collapses, citing delays in receiving aircraft from Airbus. Complaints later emerge over poor service and late refunds ------------------------------------ Sep 30, 2019: Slovenia- based carrier files for receivership after having to suspend most of its flights in previous week amid financial woes ------------------------------------ Source: Reuters Picture: Wikimedia Commons © GRAPHIC NEWS