newstodate.aero
Jan 23, 2017 (newstodate): By May 1, 2017, the Danish charter and ACMI carrier Jet Time will be out of the cargo market.
Already starting from next month, Jet Time will gradually redeliver its fleet of five Boeing 737-400SF freighter aircraft that have been operated under a contract with TNT.
-In itself, the cargo operation has been quite successful but it has of course added to the over-all complexity of Jet Time's operations and it was thus decided to pull out from this market as part of the strategic refocusing of the carrier on its core business, the charter and ACMI operations, says Peter Dam Hallander, Cargo Sales Representative.
With the close of the cargo business, Mr Hallander will be leaving Jet Time.
Jet Time next entered the cargo business with the acquisition of a Boeing 737-300QC aircraft in March 2010, and took in its last Boeing 737-400SAF aircraft as late as March 2016, shortly before the airline installed a new CEO, Jorgen Holme, taking up the position from June 1, 2016.
Under Mr Holme Jet Time has performed a deep-going process of formulating a survival strategy for the airline that had run into deep financial problems after a seemingly uncontrolled rise in costs after a period with increasing diversification in business including an ACMI contract with SAS.
From this autumn, Jet Time will have a single-type aircraft fleet comprising eight Boeing 737NG aircraft for charter and ACMI operations.
Already starting from next month, Jet Time will gradually redeliver its fleet of five Boeing 737-400SF freighter aircraft that have been operated under a contract with TNT.
-In itself, the cargo operation has been quite successful but it has of course added to the over-all complexity of Jet Time's operations and it was thus decided to pull out from this market as part of the strategic refocusing of the carrier on its core business, the charter and ACMI operations, says Peter Dam Hallander, Cargo Sales Representative.
With the close of the cargo business, Mr Hallander will be leaving Jet Time.
Jet Time next entered the cargo business with the acquisition of a Boeing 737-300QC aircraft in March 2010, and took in its last Boeing 737-400SAF aircraft as late as March 2016, shortly before the airline installed a new CEO, Jorgen Holme, taking up the position from June 1, 2016.
Under Mr Holme Jet Time has performed a deep-going process of formulating a survival strategy for the airline that had run into deep financial problems after a seemingly uncontrolled rise in costs after a period with increasing diversification in business including an ACMI contract with SAS.
From this autumn, Jet Time will have a single-type aircraft fleet comprising eight Boeing 737NG aircraft for charter and ACMI operations.