The airline Jet Time has filed for bankruptcy, but will re-emerge under the name Jettime A / S as a new Danish charter company.
“I am convinced that post-coronavirus there is room for a strong, independent and profitable Danish charter airline that can serve Nordic charter customers. The charter market is not expected to return to a profitable level until the summer of 2021. With the expiry of the general aid packages in July and August and without any specific aid to airlines, apart from SAS, there were no preconditions for continuing the old Jet Time A / S, unfortunately. The new Jettime A / S will be able to navigate more easily through a strongly loss-making winter 2020/21 season and be stronger for next summer,” says owner Lars Thu…
Read the full article at: https://newsroom.aviator.aero/jet-time-to-file-for-bankruptcy/