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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: travelweekly.com
