The many casualties of European airline industry

October has certainly not been a kind month for European aviation in the past few years. Nordic budget carrier Primera Air failed on the one-year anniversary of the collapse of British holiday airline Monarch, which occurred on October 2, 2017. Just recently, on October 17, 2018, Cyprus-based low-cost carrier Cobalt Air announced its closure. And now, Air Belgium might be considering shutting down as well.  ...