With Thomas Cook abruptly going into liquidation on September 23, 2019, another airline is added to an already impressive list of airlines that ceased operations since the start of 2018.
In less than 2 years, all of the following airlines went out of business, often stranding thousands of passengers:
- Primera Air;
- Great Lakes Airlines;
- Saratov Airlines;
- Small Planet Airlines;
- Privat Air;
- Germania; and
- Wow Air.
Hopefully this trend reverses itself in 2020.
Andrei Korottchenko is a transportation lawyer at Isaacs & Co. in Toronto and is currently pursuing an LLM degree in Shipping Law at the University of Cape Town.