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Yes, there are a number of them.
Heard it on CBC last night. They were not clear on how many airlines were banned from the EU due to safety records.
From 2009
https://au.news.yahoo.com/thewest/a/7665066/100-bali-fares-likely-in-air-war/
From 2008
Thailand Aviation: EU updates blacklist: removes Mahan Airlines
In the case of Indonesia, the Commission and the Air Safety Committee which is composed of all EU Member States heard three airlines at their request – Garuda, Mandala and Air Fast, along with the authorities for civil aviation of Indonesia. Following the unanimous opinion of the Air Safety Committee, the Commission decided that the Indonesian authorities have still not developed and implemented an efficient oversight programme on any of the carriers under their regulatory control. Besides, the corrective actions designed to address safety deficiencies detected by the ICAO and by the Commission, have not yet been assessed by ICAO.
Indonesia AirAsia route map - from Singapore
PT. Indonesia AirAsia (operating as Indonesia AirAsia) is a low-cost airline based in Jakarta, Indonesia. It operates scheduled domestic, international services and is an Indonesian associate carrier of Malaysian low-fare airline AirAsia. Its main base is Soekarno-Hatta International Airport, Jakarta. Until July 2010, Indonesia Air Asia, along with many Indonesian airlines, was banned from flying to the EU due to safety concerns. However the ban was lifted on July 2010. As of 15 April 2009, all AirAsia domestic flights from Jakarta started operating from terminal 3 but the international flights continues to operate from terminal 2D. Prior to moving to T3, the airline flew from Terminal 1C. Indonesia AirAsia is listed in category 1 by Indonesian Civil Aviation Authority for airline safety quality. In 2011, this 100 percent Airbus airline dominated international market in Indonesia by 41.50 percent.
But, Indonesia Air Aisa can't fly to Europe on A320's, no range. Now, Air Asia X, a different airline with a different cert, under the Air Asia name used to fly to Europe with A330's. Lots of airlines get this ban, but it is usually nothing too serious.