Tag: Long-haul airlines

Airlines going under isn’t a new thing, since the first airlines started, some airlines have gone under. But this phenomenon of low cost long-haul airlines going under has been exasperated in the past 5 years. So, why have low cost long-haul airlines gone under in the last 5 years? Most of the time, airlines have gone under due to poor management of finances, but the past 5 years have proven different. Whilst poor financial management may have been a factor, the main issue is sustainability.  Most of the airlines that have gone under have been low cost long-haul airlines. These m are not usually your typical low cost airlines like Ryanair or EasyJet, but are usually low cost and long-haul airlines. Think along the lines of Wow Air, Thomas Cook and Primera Air- all of these had the same...