Five airlines have entered administration or liquidation, resulting in numerous flight cancellations that have impacted holiday plans for many travelers. While major carriers such as British Airways, easyJet, Jet2, Ryanair, Virgin Atlantic, and Wizz Air continue to operate without financial distress, the situation has led to reduced services from some airlines and increased fares for passengers. The affected airlines have struggled to maintain operations amid ongoing financial challenges, prompting the need for drastic measures.
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