Here is a chart, and article, of European airlines that may be in financial trouble and those doing okay.
Posted by
Nederland, CO
1430 posts
Interesting Frank. Thanks for posting:) I wonder why British Airways isn't on the chart?
Posted by
New York, NY
3996 posts
Monarch stopped operating on October 2 leaving over 110,000 people stranded. It's not merely in "financial trouble"; it's out of business. I'm surprised to see it listed on this airline chart published TODAY.
Posted by
Basel, Switzerland
8889 posts
Notice the comment which has been added at the bottom:
Poor article: when you write an article about a chart, you should explain the basics of the chart!
1) There are airlines in four different colors on the chart, but I see an explanation only for the yellow color.
2) Different airlines have different size dots. What is the meaning of the sizes? Number of passengers, or market capitalization, or total revenue, or what?
3) The vertical axis, "5y capacity CAGR", explain what that is.
Precisely my comments. I am guessing the red dots (Alialia, Air Berlin and Monarch) are airlines which have already gone bankrupt.
Posted by
2527 posts
When buying airline tickets well in advance...be careful. If buying trip insurance, confirm the carrier is not excluded.
Posted by
Vernon, Canada
32201 posts
It's nice to see that my usual airline (easyJet) is still looking good. As the article says, perhaps some consolidation would be a good idea.
Posted by
San Francisco Bay Area (USA)
15156 posts
CAGR is Compound Annual Growth Rate for the non financial folks.
Still a poorly written article.
Posted by
Magyarország / Rep of Texas
17903 posts
I'm confused. Ryanair that canceled how many flights is the best? And Alitalia that i was on last month has "demised"?
Posted by
Basel, Switzerland
8889 posts
Ryanair - not best, just most profitable.
Posted by
6 posts
Germany's Air Berlin is soon to be bankrupt. Looks like Lufthansa and easyJet will pick up a lot of the planes and staff
Posted by
San Francisco, CA (USA)
488 posts
Germany's Air Berlin is soon to be bankrupt. Looks like Lufthansa and easyJet will pick up a lot of the planes and staff
They already are, and have cut over half their flights while they work-out their finances.
Posted by
OP
Freedonia
14979 posts
Germany's Air Berlin is soon to be bankrupt. Looks like Lufthansa and easyJet will pick up a lot of the planes and staff
They already are, and have cut over half their flights while they work-out their finances.
Air Berlin is no more. It has flown its last flight. Even their website has a good bye message.
Now we just wait while the assets are divyed up to other airlines.
Posted by
New Paltz, NY
9099 posts
Moving ceremony for Air Belin's final landing:
https://youtu.be/86wOkMEu1BU