With the sudden collapse of Icelandic budget airline Wow Air and India’s Jet Airways in mind, we at the CEOWORLD magazine decided to compile a list of airlines that went out of business since January 2018 until the present day. To identify airlines that went out of Business in 2018-2019, CEOWORLD magazine reviewed numerous national and international media reports. Here’s a closer look.
These Are The 23 Airlines That Have Gone Out of Business (Report 2018-2019)
- Jet Airways
Headquarter: Mumbai, India
Founded: 1 April 1992
Ceased operations: 17 April 2019
Fleet (shortly before ceased operations): 2 Airbus A330-200, 2 ATR 72-500, 3 Boeing 737 MAX 8, 4 Boeing 737-800, 4 Boeing 737-900, and Boeing 777-300ER.
Key people: Naresh Goyal and Vinay Dube - Fly Jamaica Airways
Headquarter: Kingston, Jamaica
Founded: September 2011
Ceased operations: 1 April 2019
Fleet (shortly before ceased operations): 1 Boeing 767-300ER.
Key people: Paul Ronald Reece - Air Philip
Headquarter: Seoul, South Korea.
Founded: December 2016
Ceased operations: March 2019
Fleet (shortly before ceased operations): 4 Embraer ERJ-145EP. - WOW air
Headquarter: Reykjavík, Iceland
Founded: November 2011
Ceased operations: 28 March 2019
Fleet (shortly before ceased operations): 2 Airbus A321neo and 8 Airbus A321-200.
Key people: Skúli Mogensen - Aerolínea de Antioquia (ADA)
Headquarter: Medellin, Columbia
Founded: 1987
Ceased operations: 29 March 2019
Fleet (shortly before ceased operations): 4 Dornier 328-100. - Flybmi
Headquarter: Castle Donington, Leicestershire, England, United Kingdom
Founded: 14 May 1987
Ceased operations: 16 February 2019
Fleet (shortly before ceased operations): 3 Embraer ERJ-135 and 14 Embraer ERJ-145
Key people: Stephen Bond and Peter Simpson - Insel Air
Headquarter: Willemstad, Curaçao
Founded: 1993
Ceased operations: 16 February 2019
Fleet (shortly before ceased operations): 2 McDonnell Douglas MD-82, 3 McDonnell Douglas MD-83, 3 Embraer 110-P1 Bandeirante, and 4 Fokker 50.
Key people: Edward Heerenveen - Germania (airline) or Germania Fluggesellschaft GmbH
Headquarter: Baar, Switzerland
Founded: April 1978
Ceased operations: 5 February 2019
Fleet (shortly before ceased operations): 5 Boeing 737-700, 6 Airbus A321-200, and 19 Airbus A319-100.
Key people: Karsten Balke - Tajik Air
Headquarter: Dushanbe, Tajikistan
Founded: 1991
Ceased operations: January 14, 2019
Fleet (shortly before ceased operations): 1 Boeing 737-300, 1 Boeing 767-300, Boeing 737-400, 2 Boeing 757-200, and 2 Antonov An-28.
Key people: Khamroev Firuz Khalilovich - Asian Express Airline
Headquarter: Dushanbe, Tajikistan
Founded: 1911
Ceased operations: January 2019
Fleet (shortly before ceased operations): 1 Airbus A320-200 and 2 Avro RJ100. - California Pacific Airlines (CP Air)
Headquarter: Carlsbad, California
Founded: April 1, 2009
Ceased operations: January 17, 2019
Fleet (shortly before ceased operations): 4 Embraer ERJ-145.
Key people: Ted Vallas - PrivatAir
Headquarter: Baar, Switzerland
Founded: 1977
Ceased operations: 5 December 2018
Fleet (shortly before ceased operations): 3 Airbus A319CJ and 2 Boeing BBJ.
Key people: Thomas Limberger - Small Planet Airlines
Headquarter: Vilnius, Lithuania
Founded: 2007
Ceased operations: 28 November 2018
Fleet (shortly before ceased operations): 7 Airbus A320-200.
Key people: Vytautas Kaikaris, Kristijonas Kaikaris, Andrius Staniulis, and Halldor Sigurdarson - Cobalt Air
Headquarter: Nicosia, Cyprus
Founded: 2015
Ceased operations: 17 October 2018
Fleet (shortly before ceased operations): 2 Airbus A319-100 and Airbus A320-200
Key people: Petros Souppouris - Primera Air or Primera Air Scandinavia A/S
Headquarter: Copenhagen, Denmark
Founded: 2003
Ceased operations: 2 October 2018
Fleet (shortly before ceased operations): 2 Boeing 737-800 and 5 Airbus A321neo
Key people: Hrafn Thorgeirsson and Andri Már Ingólfsson - VLM Airlines
Headquarter: Deurne, Antwerp, Belgium
Founded: 1992
Ceased operations: 31 August 2018
Fleet (shortly before ceased operations): 6 Fokker 50
Key people: Johan Maertens - SkyWork Airlines
Headquarter: Belp, Switzerland
Founded: 1983
Ceased operations: 29 August 2018
Fleet (shortly before ceased operations): 6 Saab 2000.
Key people: Martin Inäbnit - OneJet
Headquarter: Cambridge, Massachusetts, United States
Founded: April 6, 2015
Ceased operations: August 29, 2018
Fleet (shortly before ceased operations): 2 Embraer ERJ family and 8 Hawker Beechjet 400A.
Key people: Mathew Maguire - JETGO Australia
Headquarter: Eagle Farm, Queensland, Australia
Founded: 2011
Ceased operations: 5 July 2018
Fleet (shortly before ceased operations): 1 Embraer ERJ 140LR, 2 Embraer ERJ 135LR, and 2 Embraer ERJ 145LR
Key people: Jason Ryder and Arron Mulder - Saratov Airlines
Headquarter: Saratov, Russia
Founded: 1931
Ceased operations: 30 May 2018
Fleet (shortly before ceased operations): 1 Antonov An-148-100, 2 Embraer ERJ-195, and 5 Yakovlev Yak-42.
Key people: Alexei Vakhromeev - Nextjet
Headquarter: Frösundavik in Solna Municipality, Stockholm, Sweden
Founded: 2002
Ceased operations: 16 May 2018
Fleet (shortly before ceased operations): 1 ATR 42-300, 2 Bombardier CRJ200, 3 BAe ATP, 3 Saab 340A, and 6 Saab 340B.
Key people: Magnus Ivarsson - DART Ukrainian Airlines
Headquarter: Kiev, Ukraine
Founded: 1917
Ceased operations: April 2018
Fleet (shortly before ceased operations): 1 Airbus A319-100, 1 Airbus A321-200, 1 Boeing 737-400, 1 Bombardier Learjet 60, and 4 Airbus A320-200.
Key people: Viacheslav Lysychenok - PAWA Dominicana
Headquarter: Santo Domingo, Dominican Republic
Founded: 2003
Ceased operations: February 2018
Fleet (shortly before ceased operations): 1 McDonnell Douglas MD-82, 2 McDonnell Douglas MD-87, and 4 McDonnell Douglas MD-83.
Key people: Gary Stone
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