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Swedish airline Nextjet cancels all flights after filing for bankruptcy

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Regional airline Nextjet announced on Wednesday it was filing for bankruptcy. It cancelled all its flights from 1pm today onwards with immediate effect. (www.thelocal.se) Ещё...

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KobeHunte
Kobe Hunte 1
Sad when an airline just halts and shuts down.

Why exactly did they go bankrupt?
dvet13
dvet13 2
Looks like they just went under in the natural ebbs and flows of business. Their official statement cited "financial difficulties." They've been seriously struggling financially for over a year. My guess is that the markets they served were just too small and not frequently enough desired flights. I know in the US, we have an EAS program that allows small regionals to serve very small places and still break even financially, a program aimed at guaranteeing air travel to those areas.
KobeHunte
Kobe Hunte 1
I know!

That is how many well known businesses now, climbed the ladder. By doing flights that customers want.

And i am surprised it is a swedish airline because usually they do well.

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