How the pandemic killed off 64 airlines

Just when you thought it was safe to get back in the air, the airline bankruptcies have returned

Feb 13, 2023

Since 2020, no fewer than 64 airlines have ceased operations. A handful have revived after announcing bankruptcy, or changed names, but the vast majority are gone for good.

So what does the future hold?

- Fare increases of up to 25% will continue for the “for a few years,” as airlines need recovery money, fuel prices increase, and the aviation industry invests in sustainable technology;

- While European short haul has already stabilized. But long haul, Airlines have yet to restore their pre-pandemic flight schedules – and that means fewer planes and fewer seats.

Get the full story at CNN Travel

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