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Another Airline goes to the Wall

Carolinian

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From what I am hearing on SkyNews, this seems to be a charter airline rather than a scheduled carrier.

Among the scheduled carriers, Alitalia seems to be the sick man of Europe these days.
 

Carolinian

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The one that will impact those in the US and Canada more may be the bankruptcy of Zoom, a Canadian trans-Atlantic LCC which had started some routes from the US. It went under a few weeks ago.

It is one of a number of LCC's that had not yet completely gotten their feet on the ground when the oil spike hit. There are others in this category.
 

summervaca

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Is it even possible to make a profit as an airline today? Maybe humans just weren't meant to fly:confused:
 

Carolinian

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Many European airlines, even LCC's, are making profits. Of course they pay for fuel in euros or pounds which helps and charge fares in those currencies, too.

FlyBE, a British LCC, just announced its biggest profit ever.
 
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