The aviation industry again faced significant turbulence in 2024, with 14 airlines ceasing operations due to financial challenges and market dynamics. We look at the airlines that went bankrupt and those that rebranded or restructured in 2024.
Those that ended operations…
CSA (Czech Republic)
CSA, a century-old airline, operated with a reduced fleet of two Airbus A320s after facing near-collapse in 2021 post covid. In 2024, its operations were absorbed by Smartwings, with CSA being converted into a holding company. This marks the end of its membership in the SkyTeam alliance.
Bonza (Australia)
Bonza, an ambitious low-cost airline aimed at serving underserved Australian markets, shut down in mid-2024. Despite backing from 777 Partners and a…
