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Article: Goodjet applies for bankruptcy.
- Article from:
- Airline Industry Information
- Article date:
- January 16, 2003
CopyrightCOPYRIGHT 2003 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2003 M2 COMMUNICATIONS LTD
Swedish low-price airline Goodjet applied for bankruptcy today (16 January).
Goodjet has been in trouble since the aircraft operator Transair Sweden AB pulled out from a cooperation with the company following a financial dispute.
Goodjet, which has no aircraft of its own, was then unable to find a new operator and was forced to cancel all its flights.
In November the Dutch investment company SFI agreed to acquire a 67% stake in the ...