Nextjet files for bankruptcy

Eleanor Steed
By Eleanor Steed May 16, 2018 15:57

Nextjet files for bankruptcy

Regional airline Nextjet has filed for bankruptcy, cancelling all flights with immediate effect from 1pm yesterday (May 15).

“It is deeply regrettable that the board is forced to make this decision. Especially for our passengers who are directly affected by this and for our staff, but also for our suppliers and partners,” said Nextjet CEO Magnus Ivarsson in a statement.

“We have done everything in our power to find a solution, but have unfortunately not succeeded. A liquidator will now be appointed to make a decision on the future of the company,” he added.

Nextjet had been operating under a temporary permit since August 2017 after Sweden’s Transport Agency (Transportstyrelsen) revoked its operating licence due to the company’s financial difficulties. The airline was approved for a new licence in October, however.

Nextjet is based at Stockholm Arlanda airport. The majority of its destinations are in northern Sweden.

Eleanor Steed
By Eleanor Steed May 16, 2018 15:57