CityJet secures breathing space by entering examinership

An Irish court has appointed an interim examiner at regional wet-lease specialist CityJet as the carrier seeks protection during the coronavirus crisis. Examinership is a process in Irish law under which companies can protect themselves from creditors while they restructure. A spokesman for the airline confirms an interim examiner has been appointed following a High Court hearing in Dublin Friday. CityJet has focused on its wet-lease business since ending scheduled passenger flights in its own right in the winter of 2018. CityJet has been operating flights for carriers including Aer Lingus and SAS. It has also been working on a planned merger with Spanish regional carrier Air Nostrum. First announced in the summer 2018, the carriers’ received EC approval for the tie-up last summer. <br/>