Adria Airways "temporarily" ceases flights

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The smaller guys in smaller countries are the ones who get squeezed first when there is a slow down. I would imagine it's very hard to come back when you start becoming unreliable.
 
I'd imagine it's near impossible to recover from without a big cash injection.
Forward bookings (ie. Cash inflow) dries up
Creditors demand repayment and upfront - eg. Your fuel supplier wants payment for the last 30 days and everything in advance.

Been a big week
Thomas Cook UK
XL Airways France
Adria

And wouldn't be surprised if a few of the other Thomas Cook euro subs fail in the meantime
 
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