The past year has not been easy for European airlines – Air Berlin, Primera Air, SkyWork, Cobalt Air, Monarch and Small Planet Airlines, VLM Airlines Brussels all shut down. Meanwhile WOW Air’s acquisition by Icelandair Group fell through leaving the transatlantic carrier to fend for itself after reporting a 36% profit drop in its third quarter 2018 financial results. And although the carrier is now looking at a $75 million investment from Indigo Partners, the fact remains that more airlines are at risk this coming year.