newstodate.aero

Aug 07, 2019 (newstodate):  The Danish charter and ACMI provider Jet Time has now finalized the proceedings with Aercap for lease of two Boeing 737-800 aircraft.
   The two aircraft, the first in Jet Time's fleet equipped with split-scimitar winglets, are currently operating for TUI in Germany and the Netherlands, but will be delivered by December 2019 and enter commercial service with Jet Time around January 2020.
   The two aircraft will replace two Boeing 737-700 aircraft leaving Jet Time's fleet in 2020 at the expiry of the lease contract.
   In the fleet are now 10 aircraft including six Boeing 737-700 and four Boeing 737-800 aircraft.
   The fleet will grow by one to two aircraft during summer 2020 but go back to 10 aircraft again once the two Boeing 737-700 have been redelivered.
   -We do feel the impact from the MAX 8 problems as an unusual hike in requests for capacity. This generated a positive effect during spring, while all our capacity is fully booked with serving our regular charter customers during the current summer season, says Frida Astrid Ulrik-Petersen, Jet Time Communication Officer.
   -Should the sustained and unhappy situation with MAX 8 fleets continue into the autumn and winter season, it would probably have a positive impact on Jet Time, says Ms Ulrik-Petersen.
   Managing the company as CEO from June 1, 2016, Jorgen Holme has successfully turned around Jet Time to bring back the airline on a firm footing after a troubled period with a diversity of business segments, feverish expansion, and weak financial and cost control.
   Under the 2020 Strategy, the focus has been on taking out complexity in operations with a single-type aircraft fleet, and focus on two business segments charter and ACMI, while axing two other segments cargo and ATR ACMI - bringing profitability back to the airline.