newstodate.aero
Mar 13, 2024 (newstodate): The Swedish carrier Braathens Regional Airlines has now completed its restructuring process, approved by its creditors and a Swedish district court on February 16, 2024.
The airline is thus free to develop under a strategy comprising three segments: Swedish regional traffic, charter flights for tour operators, and ACMI.
The carrier is currently operating about 20 domestic routes from its home base at Stockholm Bromma Airport, seeing growth from the start of this year.
In the charter flights segment, Braathens is operating for major tour operators including Apollo and Ving on flights to Southern Europe, Egypt and the Canary Islands after beating its competitor Novair that subsequently went out of business by the end of October 2023.
ACMI is the third business segment, with a wet-lease contract signed in February 2024 with Austrian Airlines covering two of BRA's 14 ATR72-600 aircraft that will be operating on Austrian's routes from Vienna to Belgrade, Bologna, Klagenfurt, Kosice, Leipzig, Graz, Warsaw and Zagreb.
The first operation with the ATR aircraft will launch from March 31, 2024, and the contract will run for one year.