The flag carrier of Mauritius is yet another passenger airline that has crumbled amid the COVID-19 pandemic: Air Mauritius has entered voluntary administration. This comes after the airline's board of directors came to terms that there was no way Air Mauritius could meet its financial obligations in the foreseeable future. This is especially so as no end is in sight when it comes to the easing of travel restrictions pertaining to the coronavirus outbreak.

Nobody knows when normal travel can resume at this time and airlines around the world have already cut back on the majority of their passenger service. The struggling carrier stated that its revenue base had been unfortunately eroded as travel restrictions by countries worldwide on their citizens and visitors meant all of its flights were prohibited. In order to safeguard the interests of Air Mauritius and that of all its stakeholders, the airline has no choice but to enter voluntary administration.

Air Mauritius certainly isn't the only carrier affected by decimated travel demand due to the closure of borders and suspending of air services around the world. The hard truth is that not every carrier will survive this unprecedented crisis.

Airlines like Flybe, Trans States Airlines, and Compass Airlines have already gone under while major carrier Virgin Australia recently just entered voluntary administration after it was denied a loan from the Australian government.

Last week, we reported that South African Airways may be near its end and now, it seems a new ‘financially viable and competitive airline' would replace South African Airways in time to come.

Denise Bay is a staff writer at GET.com. Email: denise.bay@get.com.