note
On 14 March 2006 it was announced that Helios Airways would be rebranded as αjet and would withdraw from scheduled operations.Responding to rumors, on 30 October 2006 αjet announced that it was to cease operations over the period of the following 90 days. In light of this, the Cyprus Government demanded that back taxes be paid immediately. Also, private suppliers demanded that they be paid in cash for any further goods and services provided to the company. On 31 October 2006 the airline announced that it was ceasing operations immediately. On 11 November 2006 the Company website announced that The Government of the Republic of Cyprus had "illegally detained αjet’s aircraft and frozen the Company’s bank accounts", which was in "direct contravention to the successful appeal lodged by αjet in the District Court, causing substantial financial damage to the Company". As a result αjet announced that all flights that were scheduled to be operated by other Carriers to all destinations, would no longer be operating as of Monday, 6 November 2006 and that passengers would therefore have to make their own arrangements.
All αjet flights were suspended from 1 November 2006 and the majority of its schedules were taken over by the now defunct XL Airways UK charter carrier. According to owners, Libra Holidays, the decision to close was due to poor financial results and pressure from creditors.
founded - demised (age)
March 2006 - November 6 2006 (0)
headquarters
22 Nietzsche Street, Larnaca Airport
web
base airports
related operators
current /stored fleet (0)
