Friday, December 29, 2017

Airline start-ups and failures in 2017

FlightGlobal data shows that 39 new airline operations were established over the first eight months of 2017, roughly matching the 37 airlines that ceased operations or suspended flights.

The 39 start-ups include some subsidiary carriers created to enter new markets – or, in the case of EasyJet Europe, to ensure continuity of operations ahead of the UK's exit from the European Union.

Notable start-ups include IAG's new long-haul low-cost operation Level. The airline launched flights out of Barcelona in June – providing a competitive response to Norwegian's launch of long-haul flights from the same airport.
In Asia, Indian carrier Air Costa in June had its air operator's permit suspended by India's Directorate General of Civil Aviation following three months of inactivity. The carrier suspended operations on 28 February after hitting financial trouble.

Efforts meanwhile continue to restore the operations of another Indian carrier, Air Pegasus. A deal emerged at the start of the year under which Bengaluru-based Flyeasy would acquire a stake in Air Pegasus and work began on restarting operations in March. But services are still to resume.

Local reports suggest Air Pegasus has secured a new investor and is working towards a resumption of services in 2018.

Another Indian carrier, ATR operator Air Carnival, suspended flights earlier this year.
27/12/17 Graham Dunn/Flight Dashboard/Flight Global