Darwin Airline has announced it will cease all scheduled operations. Instead, the company will revert to being a charter airline. The ATR 72-500s will be returned to the lessors.
In related news, the company has entered into reorganization proceedings after it was declared to be insolvent (bankrupt).
The airline had recently rebranded as Adria Switzerland in association with Adria Airways on September 16, 2017, but has encountered unfavourable market conditions.
In Switzerland you are part of Swiss or you die.
Or backed by a big sponsor (Etihad in this case)
Even Etihad could not save Darwin… (in fact Etihad cannot save any airline at all: see Air Berlin and Alitalia!)