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Jet Airways to Pan America: 10 airlines that went kaput

Jet Airways temporarily suspending its operation due to financial constraints has created shockwaves in the aviation industry. Well, Jet isn’t the only airline to go defunct. There are plenty of airlines, domestic as well as international, which bore the brunt of rising debts and lack of logistical support ultimately leading to their collapse. Let’s have a look at a few defunct airlines from around the world.
Jet Airways (Defunct 2019): Jet Airways was incorporated on April 1, 1992 by Naresh Goyal and his children, Nivaan and Namrata. In the third quarter of 2010, it became the largest airline in India with a passenger market share of 22.6%. However, by Novemb
Jet Airways (Defunct 2019): Jet Airways was incorporated on April 1, 1992 by Naresh Goyal and his children, Nivaan and Namrata. In the third quarter of 2010, it became the largest airline in India with a passenger market share of 22.6%. However, by Novemb
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Kingfisher (Defunct 2012): Kingfisher Airlines was founded by the flamboyant Indian business tycoon Vijay Mallya in the year 2005. The airline was a part of Mallya’s multi-billion dollar United Breweries Group. Kingfisher was known for its top-notch on-air service and bright red-coloured fuselage. However, all good things come to an end, as did the King of Good Times. Kingfisher Airlines ceased all operations in October 2012 due to heavy debts. This resulted in massive outcry and protests by the airline’s employees forcing the government to take matters in hand. (File Photo | EPS)
Kingfisher (Defunct 2012): Kingfisher Airlines was founded by the flamboyant Indian business tycoon Vijay Mallya in the year 2005. The airline was a part of Mallya’s multi-billion dollar United Breweries Group. Kingfisher was known for its top-notch on-air service and bright red-coloured fuselage. However, all good things come to an end, as did the King of Good Times. Kingfisher Airlines ceased all operations in October 2012 due to heavy debts. This resulted in massive outcry and protests by the airline’s employees forcing the government to take matters in hand. (File Photo | EPS)
Wow Air (Defunct 2019): This Icelandic ultra-low cost airline ceased its operations early this year after a failed attempt to secure investments from the government-run Icelandair, and private equity firm Indigo Partners. (File Photo | AP)
Wow Air (Defunct 2019): This Icelandic ultra-low cost airline ceased its operations early this year after a failed attempt to secure investments from the government-run Icelandair, and private equity firm Indigo Partners. (File Photo | AP)
Air Berlin (Defunct 2017): Air Berlin once used to be Germany’s second-largest airline. However, after its major shareholder Etihad Airways discontinued their funding, Air Berlin had to close its operations in October 2017. (File Photo | AFP)
Air Berlin (Defunct 2017): Air Berlin once used to be Germany’s second-largest airline. However, after its major shareholder Etihad Airways discontinued their funding, Air Berlin had to close its operations in October 2017. (File Photo | AFP)
Germania (Defunct 2019): Germania collapsed earlier this year in February due to financial insolvency. This Berlin-based airline, founded in 1978, offered scheduled and charter services. (File Photo | AFP)
Germania (Defunct 2019): Germania collapsed earlier this year in February due to financial insolvency. This Berlin-based airline, founded in 1978, offered scheduled and charter services. (File Photo | AFP)
Braniff international Airways (Defunct 1982): This Texas-based airline was a force to reckon with back in the day. From its Emilio Pucci-designed flight attendant uniforms, to its neatly colour-coordinated fuselage, Braniff knew how to sell itself in the aviation industry. Unfortunately, the airline went bankrupt in May 1982 after piling up a total debt of $733 million. Several subsequent attempts to revive Braniff went in vain. (File Photo | AFP)
Braniff international Airways (Defunct 1982): This Texas-based airline was a force to reckon with back in the day. From its Emilio Pucci-designed flight attendant uniforms, to its neatly colour-coordinated fuselage, Braniff knew how to sell itself in the aviation industry. Unfortunately, the airline went bankrupt in May 1982 after piling up a total debt of $733 million. Several subsequent attempts to revive Braniff went in vain. (File Photo | AFP)
Midway Airlines (Defunct 1991): Midway began its services in 1979 post deregulation of the US aviation industry. Midway was brave enough to face the surge in fuel prices post the Gulf War. However, it went kaput in the November 1991. (File Photo | AFP)
Midway Airlines (Defunct 1991): Midway began its services in 1979 post deregulation of the US aviation industry. Midway was brave enough to face the surge in fuel prices post the Gulf War. However, it went kaput in the November 1991. (File Photo | AFP)
Pan American World Airways (Defunct 1991): Even after almost three decades of its close down, Pan American Airways still rings a bell among each one of us. This iconic airline went into financial crisis in the 70s and 80s before finally calling it quits i991. (File Photo | AFP)
Pan American World Airways (Defunct 1991): Even after almost three decades of its close down, Pan American Airways still rings a bell among each one of us. This iconic airline went into financial crisis in the 70s and 80s before finally calling it quits i991. (File Photo | AFP)
Tower Air (Defunct 2000): Tower Air went belly up in May 2000. This New York-based airline operated a fleet of Boeing 747 jumbo jets and catered to passenger as well as leisure and military charters. (File Photo | AFP)
Tower Air (Defunct 2000): Tower Air went belly up in May 2000. This New York-based airline operated a fleet of Boeing 747 jumbo jets and catered to passenger as well as leisure and military charters. (File Photo | AFP)
Ansett Australia (Defunct 2001): Ansett Australia came into existence back in 1936. It was the second-largest airline service in Australia till it ceased its operations in September 2001. Interestingly, Air New Zealand, Ansett’s parent company, had to be bailed out by the NZ government to avoid bankruptcy. (File Photo | AFP)
Ansett Australia (Defunct 2001): Ansett Australia came into existence back in 1936. It was the second-largest airline service in Australia till it ceased its operations in September 2001. Interestingly, Air New Zealand, Ansett’s parent company, had to be bailed out by the NZ government to avoid bankruptcy. (File Photo | AFP)
Kingfisher Airlines
Airlines
Jet Airways
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