newstodate.aero
Dec 23, 2005 (newstodate): Competition may return to the traffic between the Faroe Islands and Denmark after the latest aborted attempt by Danish Air Transport one year ago.
A group of investors around Knut Lutzen are seeking funds to establish a new airline, FaroeJet aiming at entering the market from March 1, 2006.
The project group is seeking capital from both banks and private small-scale investors, to secure a broad background behind the intended low cost airline that intends to operate a BAE-146 aircraft on the route, with a 30 percent share of the market as its business target.
A group of investors around Knut Lutzen are seeking funds to establish a new airline, FaroeJet aiming at entering the market from March 1, 2006.
The project group is seeking capital from both banks and private small-scale investors, to secure a broad background behind the intended low cost airline that intends to operate a BAE-146 aircraft on the route, with a 30 percent share of the market as its business target.