newstodate.aero

Apr 03, 2020 (newstodate): Unlike many of its competitors, one Danish ACMI carrier, Jet Time will stick to its passenger charter and ACMI segments, refuting the temptation to cross over to offer cargo services.
   Under its 2020 Strategy, the focus has been on taking out complexity in operations with a single-type aircraft fleet, and focus on two business segments, passenger charter and ACMI only.
   -In our opinion, the costs of obtaining certification to carry cargo in the passenger cabin on our Boeing 737NG fleet do not present a viable business case, nor is operating cargo only in the lower deck a cost-efficient and profitable alternative. So we will stay out of the cargo segments, says Birthe Madsen, Jet Time VP Business Development & Organization.
   -Our full focus now is on controlling cash flow to secure staff wages and aircraft leases in a situation with flights coming to an end after a recent series of repatriation flights for a Finnish client and operated by Finnish Jet Time crews.
   -We are currently working on the planned redelivery of one Boeing 737-700 aircraft as well as negotiating the early redelivery of another Boeing 737-700 aircraft otherwise due in November 2020, says Ms Madsen.
   In the fleet of Jet Time, including the two aircraft to be redelivered, are now 11 aircraft including five Boeing 737-700 and six Boeing 737-800 aircraft.