Start-up winter sports airline Powdair, which was due to launch this month with services from eight European airports to Sion in Switzerland, has cancelled all planned flights but says it has a new investor on board and expects to relaunch in 2018.
Flights operated by Swiss regional carrier Darwin Airline have been halted after it became the latest airline to file for insolvency, while Switzerland-focussed start-up Powdair has launched a desperate search for funding before its inaugural flight has even taken place.