Nordic low-cost carrier Primera Air abruptly ended its
operations at midnight Monday and has filed for bankruptcy, according to a
statement from the carrier.
Primera cited "several unforeseen misfortunate [sic]
events" over the past two years, including delays in aircraft deliveries
this year and the cost of rebuilding an aircraft with severe corrosion problems
in 2017.
"Weighting [sic] the potential losses due to future
delivery delays and the added exposure to our partners and lessors and bearing
in mind the difficult environment that airlines are facing now due to low
prices and high fuel costs, we have decided to cease operations now," Primera
said.
Only a few weeks ago, the carrier, which had flights between
the U.S. and both Paris and London, had announced plans to build up its
transatlantic service over the next year.
___
Source: Business Travel News