Budget airlines that are no longer flying
The low-cost airline business is a very competitive one, and carriers are often operating on the thinnest of margins. A small change in fuel prices or passenger demand can spell disaster for a young airline still trying to get on its financial feet. The airlines listed below failed to pull off the balancing act:
- Strategic Airlines (Australia) — February 17, 2012
- Sama Airlines (Saudi Arabia) — August 24, 2010
- Viva Macau (Macau) — March 28, 2010
- Silverfly (Malaysia) — March 20, 2010
- Atlas Blue (Morocco) — January 21, 2010
- Air Comet (Spain) — December 23, 2009
- Globespan (United Kingdom) — December 16, 2009
- PBair (Thailand) — November 19, 2009
- MyAir.com (Italy) — July 24, 2009
- Sterling Airlines (Denmark) — October 29, 2008
- Hansung Airlines (South Korea) — October 25, 2008