Switzerland's Darwin Airline Files for Insolvency | Aviation International News

Switzerland's Darwin Airline Files for Insolvency

Marks latest casualty of a European airline once tied to Abu Dhabi’s Etihad Airways

By Gregory Polek • Senior Editor

November 27, 2017

Switzerland’s Darwin Airline filed for insolvency on Monday following what it called “several unfavorable market impacts” that beset new owner Adria Airways since it bought the Swiss regional airline in June. Although it bought Darwin a month after code-share partner Alitalia declared insolvency, Adria named the resulting termination of all business contracts with the Italian flag carrier as one of the difficulties it faced. Later, the unexpected insolvency of Air Berlin, for which Darwin provided ACMI services, led to what the Swiss airline characterized as significant negative effects such as bad debt, loss of existing business and future business opportunities.

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