FLYBE MARCH 5, 2020 British regional airline Flybe (BE) was the first airline to go out of business after the emergence of COVID-19.The carrier had been struggling to stay afloat even before the collapse in travel demand caused by the pandemic. At the time it ceased operations, BE was providing more than half of UK domestic flights outside London.TRANS STATES AIRLINES APRIL 1, 2020 In February, Trans States Airlines (AX) announced its intention to gradually cease operations through 2020 and transfer its fleet to ExpressJet Airlines (EV), under an agreement with United Airlines (UA). However, on March 17,CEO Rick Leach announced that, due to the dramatic impact of the pandemic on travel demand,AXwould cease operations earlierthan originally expected.COMPASS AIRLINES APRIL 7, 2020 In March, Compass Airlines (CP), a regional airline owned by Trans States Holdings, announced a cessation of operations due to the pandemic. Back in August 2019, Delta Air Lines (DL) had terminated its agreement for regional flying with CP under the Delta Connection brand. VIRGIN AUSTRALIA APRIL 21, 2020 Hit hard by the impacts of COVID-19, Virgin Australia (VA) has gone into voluntary administration, the biggest airline collapse in Australia since Ansett's (AN) in 2001. The ailing carrier expects to take final binding offers by June from those who could step in as the new owners of Australia's second major airline, which is approximately AUD$7 billion in debt.AIR MAURITIUS APRIL 22, 2020 Air Mauritius (MK) has been placed in voluntary administration after COVID-19-related disruptions had prevented it from meeting its financial obligations for the foreseeable future. The pandemic had sharply cut MK's revenue while it was seeking to change its business model to address its existing financial issues. The state-owned airline operated flights to over 20 destinations across four continents. GERMAN AIRWAYS APRIL 23, 2020 German Airways (HE) has filed for insolvency with plans to restructure. The decision was announced after Eurowings' (EW) had canceled its wet-lease contract for its Bombardier DHC-8-400 fleet amid the COVID-19 pandemic.
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