CityJet’s Finnish & Swedish Subsidiaries File For Bankruptcy

CityJet, which itself filed for protection in Ireland late last week, has had two of its subsidiaries in Sweden and Finland file for bankruptcy on Tuesday.

CityJet is a wet-lease operator that currently operates flights on for Aer Lingus and SAS. The airline still has other bases open in Europe, including in Denmark.

Here’s an excerpt from the RTE (access here) about CityJet’s (parent):

The High Court has appointed a interim examiner to the Dublin-based regional airline CityJet.

The airline and its subsidiaries, which flies routes on behalf of other airlines including SAS and Aer Lingus, employs 1,175 people, more than 410 of whom are based in Dublin.

The airline, best known for flying routes out of London City Airport, sought the protection of the courts from its creditors due to financial difficulties, which were exacerbated after its fleet was grounded by the Covid-19 outbreak.

Conclusion

CityJet has a quite interesting history with several owners, including Air France-KLM and airlines on whose behalf it has flown, including Brussels.

It is unclear if CityJet is folding all of its subsidiaries around Europe or only the smaller ones. As it doesn’t operate scheduled services under its own, it relies on other airlines buying capacity from it.

Not sure if I had ever flown on CityJet itself (perhaps when it flew for Air France-KLM), but I have with Air Botnia that later became Blue1 (owned by SAS and Star Alliance affiliate) and was acquired by this now bankrupt airline