Surprisingly, there were few high-profile airline failures in 2023, even though global economies have been battling inflation while businesses grappled with rising interest rates. Those rate hikes also impacted consumers, yet demand for air travel has remained very strong, with executives hopeful that this trend will continue in 2024. However, not all executives will have much to hope for since their airlines, unfortunately, were grounded permanently in 2023.
Airline Failures: Which Carriers Did We Lose In 2023?
Simple Flying
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While there were quite a few bankruptcies during the year, there were only a handful of airline mergers that were completed.
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