Swedish regional airline BRA Braathens Regional Airlines goes into administration to avoid bankruptcy and applied for reconstruction.Yes but they were not flying any Across now. Braathens Regional Airlines is a ‘virtual airline’, meaning that, while using a standardised branding, all its planes are operated by other airlines, in this case mostly by sister companies. Since April 6, we are in a reconstruction and all our traffic is therefore temporarily paused.
They stopped flying and let go most of their 600 employees. The spread of the virus disease (Covid-19) to Europe has caused various travel restrictions and a significant drop in demand for all airlines. The actual operators of all of its flights however are its sister companies Braathens Regional Airways and Braathens Regional Aviation. However, the airline is aiming to resume flight operations after restructuring by the end of summer.According to “Expressen”, the 600 employees will receive their resignation in the next few days.
The already struggling airline failed after attempts at securing a £100 million ($123 million) rescue loan from the UK government fell through. They want to start flying again after the summer.
The Norwegian-owned Swedish regional airline Braathens Regional Airways AB filed for court-administered reorganisation under bankruptcy protection with the Swedish district court on Monday 6 April, as reported by the Swedish daily newspaper “Expressen”.
We protect your data, read our The airline had previously announced on its website that all flights would be suspended until further notice. During the insolvency proceedings, only around 20 employees should be involved in the restructuring plan. Swedish regional airline BRA Braathens Regional Airlines goes into administration to avoid bankruptcy and applied for reconstruction. A regional airline in South Africa operating under the umbrella of South African Airways (see the previous entry), although with a degree of operational and managerial independence. BRA Braathens Regional Airlines is a Norwegian-owned Swedish airline founded in 2016 and one of the largest domestic airlines in Sweden.
We have temporary paused all our traffic but we hope to see you again this autumn!
The aim is to save the airline even under exceptional market conditions, said the lawyer Nils Åberg, who was appointed bankruptcy administrator.The airline operates ACMI services between several domestic destinations within Sweden for its sister company and virtual airline BRA Braathens Regional Airlines and ad hoc charter services.
AFP via Getty Images. The airline had previously announced on its website that all flights would be suspended until further notice. The Braathens Regional Aviation division closed a few weeks back when the final Avro was retired. Welcome to Braathens Regional Airlines (BRA)! The Norwegian-owned Swedish regional airline Braathens Regional Airways AB filed for court-administered reorganisation under bankruptcy protection with the Swedish district court on Monday 6 April, as reported by the Swedish daily newspaper “Expressen”. The crew were "expensive" so Braathens decided to wet-lease from WDL instead.On a side note: They were one of the last operators of the AVRO RJ100 in regular service in Europe.On a side note: They were one of the last operators of the AVRO RJ100 in regular service in Europe.On a side note: They were one of the last operators of the AVRO RJ100 in regular service in Europe.
I wish them all the best, but I have my doubts.
The brand BRA is the successor of Malmö Aviation and Sverigeflyg and the company has its headquarters in Stockholm. Its fleet consists of 14 ATR 72-500 and ATR 72-600 aircraft.Braathens Regional Airways files for reorganisation under bankruptcy protection Sign me up for the daily newsletter. South African Express had already been experiencing some serious trouble well before the Coiv-19 epidemic hit and between May and August 2018 it had even had its AOC suspended and, then, reinstated. We are currently working with full focus on starting up our traffic again this autumn.
[+] airline had collapsed into bankruptcy. BRA suspended all operations on 6 April 2020. Airliners.net is the leading community for discovering and sharing high-quality aviation photography.
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Another regional airline to cease all operations as it applied for reorganization with the bankruptcy court was Swedish carrier BRA (Braathens Regional Airlines).
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