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Start-ups - Airlines failing faster than they are starting, but some new entrants appearing

The global economic turmoil may have claimed over 30 airlines in 2008, but there are still some brave airlines planning to enter the market in 2009, taking advantage of lower fuel and aircraft costs. In this update, we review the start-up plans of carriers based in China (China Joy Airlines and Kunming Airlines), East Timor (Timor Air), Philippines (SEAIR and Spirit of Manila), Kuwait (Wataniya Airways), Greece (Athens Airways), Italy (Lufthansa Italia), Russia (Rosavia), Bolivia (Boliviana de Aviacion), South Africa (Airtime Airlines) and Togo (ASKY).

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