The European airline industry has had one of its most turbulent times in the last decade. After 2010, at least 10 major European airlines have gone bankrupt, affecting thousands of passengers. It is important to note what these airlines were, how many passengers were affected, and how passengers should be aware of their rights in case of airline bankruptcy.
What are the biggest ten European Airlines that went bankrupt?
The biggest 10 airlines that went bankrupt after 2010 in Europe are as follows: Adria Airways, Alitalia, Germania Fluggesellschaft, Flybmi, Cobalt Air, AirBerlin, Monarch Airlines, Small Planet Airlines, Sky Europe Airlines, and WOW Air. Of these 10 airlines, the number of passengers affected was the highest with Adria Airways and Alitalia, with about 3.5 million and 3.8 million passengers affected, respectively.
How many passengers were affected by these bankruptcies?
Overall, these 10 airlines had close to 22 million passengers between them, with Adria Airways, Alitalia, and Monarch Airlines having the highest number of passengers affected, with 3.5 million, 3.8 million, and 6 million passengers affected, respectively.
What are the passenger rights in case of airline bankruptcy?
Passengers involved in the bankruptcies of these airlines should ensure they are aware of their rights in order to better protect themselves. In the event of an airline bankruptcy, passengers are entitled to compensation in accordance with the Montreal Convention. Furthermore, passengers should be able to get their tickets refunded if they are unable to take the flight, as is outlined in the European Union Regulation 261/2004. In conclusion, the European airline industry has been greatly impacted by the bankruptcies of 10 major airlines in Europe since 2010. The number of passengers affected by these bankruptcies was close to 22 million, split mostly between Adria Airways, Alitalia, and Monarch Airlines, with 3.5 million, 3.8 million, and 6 million passengers affected, respectively. Passengers involved in these bankruptcies should be aware of their rights in order to get fair compensation and refunds, as outlined by the European Union Regulation 261/2004.
Ultimately, when you are familiar with air passenger rights and believe you may be entitled to delayed or cancelled flight compensation, find out which best flight compensation companies can help you. You may also fill out the claim form and one of the agencies will check your flight and take your case.