Credit: Aeronautics Online
2018 – Airline Industry faced a headwind, and we saw some merged and many disappeared despite low oil prices.
Following are the list of airlines that suffered the most.
PAWA Dominicana (Pan Am World Airways Dominicana) was the flag carrier of the Dominican Republic succumbed to financial difficulties. The airline’s last flight was on January 28, 2018.
Venezuelan SBA Airlines
Santa Bárbara Airlines based in Simón Bolívar International Airport, Maiquetía (Caracas). In late January 2018, the National Institute of Civil Aviation suspended SBA Airlines for 90 days citing the airline’s impossibility to fulfil the schedules. The airline ceased operations in April 2018.
Aserca Airlines was based in Valencia, Carabobo, Venezuela. On May 22, 2018, Aserca announced to cease all operations and return its air operator’s certificate.
Great Lakes Airlines
Great Lakes Airlines was an American regional airline and was a large United Express feeder carrier from 1992 to 2002 operating to over 100 cities. On March 26, 2018, Great Lakes Airlines announced that operations would be suspended effective at midnight.
SWISS Global Airlines,
Swiss Global Air Lines (until February 2015 Swiss European Air Lines) was a Swiss airline and a subsidiary of Swiss International Air Lines. By 19 April 2018 all aircraft were transferred to the parent company as part of a new labour agreement. Therefore, Swiss Global Air Lines was dissolved.
Swedish regional carrier Nextjet ceased operations in May 2018. It was the final passenger operator of the BAe ATP aircraft, which were transferred to EnComm after Nextjet’s bankruptcy.
Russian regional airline Saratov Airlines ceased operations in May 2018, after the crash of Flight 703 in February.
US Charter airline OneJet ceased operations on 29 August 2018, after its Air Operator’s Certificate (AOC) was revoked. The airline operated two Embraer ERJ aircraft and eight Beechcraft Beechjets.
Wataniya Airways was among the largest airlines of Kuwait before closing in September 2018. The airline was operating three Airbus A320 aircraft and had 25 Airbus A320neos and 10 Embraer E190E2s on order.
Danish airline, Primera Air was a low-cost carrier that served more than 40 destinations in the Mediterranean. It ceased operations on 1 October 2018. The airline was operating 737-800s and A321neos and A321LRs and 737 MAX 9s on order.
Fastjet Tanzania, is a low-cost airline was founded in 2011 as Fly540 Tanzania. The carrier ceased operations on 17 December 2018. The airline operated just two Embraer E190 aircraft, and it had three ATR 72s on order
Air Arabia Jordan
Air Arabia Jordan began operations in early 2015. It operated 2 Airbus A320 aircraft on scheduled services. The airline ceased operations completely in April 2018.
Swiss airline, PrivaAir was founded in 1977 and headquartered in Geneva, Switzerland. The airline ceased operations on 5 December 2018. Airline had 5 Airbus A220 on order.
Swiss Bern-based Skywork Airlines was founded in 1983. On 16 October 2017, the Swiss Federal Office of Civil Aviation (BAZL) announced it would to terminate SkyWork’s air operator’s certificate after October if the airline fails to provide sufficient funds to operate the upcoming winter schedule. On the evening of 29 August 2018, SkyWork Airlines declared bankruptcy
Small Planet Airlines
Small Planet Airlines, was Lithuanian leisure airline based at Vilnius Airport with a fleet size of 29 aircraft.
The airline grounded its fleet and ceased operations on 28 November 2018
Aerodynamics was an American charter airline that ceased operations on March 26, 2018
Air Costa Rica
Air Costa Rica was an airline was founded on December 2015 with a fleet of two Boeing 737-300 aircraft., ceased operations in 2018
Air Link is an airline and air charter company based in Dubbo, New South Wales, Australia was founded in 1971. At the start of 2018 the company ceased all RPT operations for Regional Express, with the sole remaining Beech 1900D being sold in March. In September 2018, Regional Express Holdings sold the Air Link business to Aviation Logistics Holdings.. It currently operates air charter services on behalf of its parent company, Aviation Logistics.
Following are the list of small airlines that went out of business or sold.
ASL Airlines Switzerland
ASL Airlines Spain
Business Jet Travel Airline
Latin American Wings
Linea Turistica Aereotuy
Norfolk Island Airlines
Palau Pacific Airways