Sobering
 

For those of you who think you are untouchable. A list of dead airlines.


http://www.justplanes.com/AirlineHist.html


LCC's can lead to a fast upgrade or a quick demise.

SkyHigh

Or sadly, both.

well, look at the bright side. there are only 9 so far in 2006, so it could be less than 15 by the end of the year, which would be less than in 2000. But that could also be because there just isn't enough of them left to close down. lol.. anybody want to open a small airline with me? we can manage it correctly and perhaps succeed!!

You're not qualified to start an airline. You know too much about the industry. Go manage mutual funds for 10 years, then we'll talk. :)