Categories: Airlines

Darwin Airline files for insolvency

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A Darwin Airline Saab 2000 registered HB-IZZ at Geneva Airport

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.

This post was published on 27 November 2017 23:54

Maarten Van Den Driessche

http://www.quixoticguide.com

Published by
Maarten Van Den Driessche
Tags: Darwin Air

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