Vedomosti

Why airline bankruptcies became more frequent?

Why airline bankruptcies became more frequent?

Andrey Panov, Bain and Company partner, describes the way competition squeezes carriers into the low-cost segment.

By Andrey Panov

  • First published on outubro 03, 2017
  • min read

Article

Why airline bankruptcies became more frequent?
en

VIM-Avia had the honor to terminate its operations almost simultaneously with the bankruptcy of Air Berlin, the 2nd largest carrier in Germany, and collapse of Monarch, the 5th UK airline. There are many parallels between these three stories.

(Full article only available in Russian)
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