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Ajet (Helios) To Cease Operations/No Revival Plans  
User currently offlineCY319 From Cyprus, joined Apr 2006, 396 posts, RR: 12
Posted (7 years 11 months 5 days 14 hours ago) and read 4608 times:

A very reliable Cypriot newspaper ('Politis') published today that Ajet will cease operations within the next 3 months and that it will not be re-registered in the UK as it had been originally planned because negotiations with Libra failed to reach an agreement. So far, it had been rumoured that the airline would move its operations base to the UK but apparently this will not happen.


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17 replies: All unread, jump to last
 
User currently offlineRichm From United Kingdom, joined Oct 2004, 803 posts, RR: 7
Reply 1, posted (7 years 11 months 5 days 14 hours ago) and read 4597 times:

That's a shame. Do they own their aircraft? Or are they leased?

- RichM


User currently offlineCY319 From Cyprus, joined Apr 2006, 396 posts, RR: 12
Reply 2, posted (7 years 11 months 5 days 13 hours ago) and read 4597 times:

Their A/C are leased.


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User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 3, posted (7 years 11 months 5 days 9 hours ago) and read 4440 times:

This topic is already being discussed.

Please see

RE: Helios/ajet To Cease Operations? (by Jmc757 Oct 30 2006 in Civil Aviation)?searchid=3071623&s=helios#ID3071623 Helios/ajey to Cease operations [/url]



CY@Uk
User currently offlineCY319 From Cyprus, joined Apr 2006, 396 posts, RR: 12
Reply 4, posted (7 years 11 months 5 days 9 hours ago) and read 4432 times:

Quoting CYatUK (Reply 3):
This topic is already being discussed.

It was but with inaccurate info.
The final news is that AJY will not transfer operations to the UK. It s gonna go completely dead.



wanna be travel buddies ,sex buddies .. or both ?
User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 5, posted (7 years 11 months 4 days 10 hours ago) and read 4275 times:

Tonight, CyBC reported that Ajet seems to have ceased operations from today!

The morning flight to BHX did not take off as planned at 07:00 and the passengers were allocated seats on a later flight with ECA.

The evening flight to London was also cancelled as the Cypriot CAA (following minister instructions) stopped any Ajet aircraft from taking off from Cyprus.

It has been said that Ajet has sent Cyprus CAA a letter informing them that the company is ceasing operations (this is not yet confirmed yet)

The ajet website is down "for maintenance until further notice"



CY@Uk
User currently offline777ER From New Zealand, joined Dec 2003, 12188 posts, RR: 18
Reply 6, posted (7 years 11 months 4 days 10 hours ago) and read 4259 times:
AIRLINERS.NET CREW
FORUM MODERATOR

So where will the B738s now go? obviously back to their lease owner but who will get them next?

User currently offlineMEA-707 From Netherlands, joined Nov 1999, 4329 posts, RR: 35
Reply 7, posted (7 years 11 months 4 days 8 hours ago) and read 4158 times:

Good riddance! One of the few airlines I really wante to hit the road. The Helios crash was so shocking that it could happen within the EU, and Ajet still had some of the persons indirectly responsible in the management.


nobody has ever died from hard work, but why take the risk?
User currently offlineCY319 From Cyprus, joined Apr 2006, 396 posts, RR: 12
Reply 8, posted (7 years 11 months 4 days 6 hours ago) and read 4082 times:

Quoting MEA-707 (Reply 7):
One of the few airlines I really wante to hit the road

I couldn't agree more.  Smile



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User currently offlineCY319 From Cyprus, joined Apr 2006, 396 posts, RR: 12
Reply 9, posted (7 years 11 months 3 days 17 hours ago) and read 3963 times:

Since yesterday evening, Helios/Ajet do not fly anymore as their AOC certificate was removed from them.
Pax for yesterday's evening flights to BHX and LGW were forwarded to other flights



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User currently offlineFoxBravo From United States of America, joined Nov 2003, 2998 posts, RR: 4
Reply 10, posted (7 years 11 months 3 days 13 hours ago) and read 3853 times:

Quoting CY319 (Reply 9):
Since yesterday evening, Helios/Ajet do not fly anymore as their AOC certificate was removed from them.
Pax for yesterday's evening flights to BHX and LGW were forwarded to other flights

Thanks for this update. Does anyone have a link to a news source?



Common sense is not so common. -Voltaire
User currently offlineJetset7E7 From United Kingdom, joined Jul 2004, 1090 posts, RR: 15
Reply 11, posted (7 years 11 months 3 days 11 hours ago) and read 3787 times:

Quoting CY319 (Reply 9):
Since yesterday evening, Helios/Ajet do not fly anymore as their AOC certificate was removed from them.
Pax for yesterday's evening flights to BHX and LGW were forwarded to other flights

This was at MAN yesterday....
Reg: 5B-DCE
Type: B737-800
Operator: aJet Airways
Flight number: AJY414/01T
ATA: 13:36
ATD: 14:56
Comments: Positioning flight to Lasham

Obviously to Lasham for end of lease checks no doubt?
Will Excel's G-OXLB (5B-DBH) just return to lessor after lease to Excel, rather than back to aJet.

Mark



Retrofitted Blended Winglets - The Future Is On The Wing
User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 12, posted (7 years 11 months 3 days 10 hours ago) and read 3758 times:

Quoting Jetset7E7 (Reply 11):
This was at MAN yesterday....
Reg: 5B-DCE
Type: B737-800
Operator: aJet Airways
Flight number: AJY414/01T
ATA: 13:36
ATD: 14:56
Comments: Positioning flight to Lasham

Obviously to Lasham for end of lease checks no doubt?
Will Excel's G-OXLB (5B-DBH) just return to lessor after lease to Excel, rather than back to aJet.

A company spokesman said tonight live on the CyBC news that the initial plan was for Ajet to cease operations within the next 3 months, and for two airplanes from Excel!!! to cover all Ajet flights for the next 6 months to a year (with at least 123 Ajet employees transferred to Excel).

However, after announcing their plans, all Ajet creditors started putting pressure on the company to recover their costs and forced them to revise their plans. The news presented did ask if the "Excel" plan is still going ahead but the spokesman could not confirm anything.



CY@Uk
User currently offlineJetset7E7 From United Kingdom, joined Jul 2004, 1090 posts, RR: 15
Reply 13, posted (7 years 11 months 1 day 18 hours ago) and read 3625 times:

Quoting CYatUK (Reply 12):
A company spokesman said tonight live on the CyBC news that the initial plan was for Ajet to cease operations within the next 3 months, and for two airplanes from Excel!!! to cover all Ajet flights for the next 6 months to a year (with at least 123 Ajet employees transferred to Excel).

Excel are basing a crew out in Cyprus next week to cover flights for AJet.
738 G-OXLB (5B-DBH) cannot fly into Cyprus, otherwise it will get inpounded, as it is owned by AJet and not Excel.

Mark



Retrofitted Blended Winglets - The Future Is On The Wing
User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 14, posted (7 years 10 months 4 weeks 1 day 8 hours ago) and read 3464 times:

Quoting Jetset7E7 (Reply 13):
Excel are basing a crew out in Cyprus next week to cover flights for AJet.
738 G-OXLB (5B-DBH) cannot fly into Cyprus, otherwise it will get inpounded, as it is owned by AJet and not Excel.

I heard from the media last week that this was the plan. However, today it has been announced that Cyprus Airways started operating the ajet flights to Sofia. This is not seen as a short term solution (i.e. to provide service for ajet passenger with tickets) but will continue as a normal schedule twice weekly.



CY@Uk
User currently offlineDebonair From Germany, joined Jan 2004, 2433 posts, RR: 4
Reply 15, posted (7 years 10 months 3 weeks 3 days 9 hours ago) and read 3332 times:

This is the statement of Ajet:  Wow!  Wow!  Wow!

The Government of the Republic of Cyprus last week illegally (  Wow! )detained Ajet’s Aircraft and froze the Company’s bank accounts, which was in direct contravention to the successful appeal lodged by Ajet in the District Court, causing substantial financial damage to the Company.

As a result Ajet regrets to announce that all flights that were scheduled to be operated by other Carriers to all destinations, will no longer be operating as of Monday 06/11/2006. All passengers will therefore have to make their own arrangements....


http://ajet.com/


User currently offlineCYatUK From United Kingdom, joined Apr 2006, 810 posts, RR: 0
Reply 16, posted (7 years 10 months 3 weeks 3 days 7 hours ago) and read 3274 times:

Quoting Debonair (Reply 15):
The Government of the Republic of Cyprus last week illegally ( )detained Ajet’s Aircraft and froze the Company’s bank accounts, which was in direct contravention to the successful appeal lodged by Ajet in the District Court, causing substantial financial damage to the Company.

ajet owns £2m to Cypriot Government for the lincence, airport usage etc. They also own another £200-300k to Hermes Airports, the private company that has taken over LCA and PFO airports and is currently building the new terminals.

Ajet shot themselves on the foot when they announced that they were to stop operations within 3 months. Next day most of their creditors filed claims asking for their money in fear that they would never get it.

This led the company to suspend operations immediately (due to lack of cash)and last week one of company's officials handed over a letter to Cypriot CAA stating that they would be suspending operations immediately.

After this, they tried to take all their fleet (leased) away from Cyprus but (quite righlty) Cypriot CAA stopped them since they did not have a licence any more.



CY@Uk
User currently offlineHumberside From United Kingdom, joined Dec 2005, 4922 posts, RR: 4
Reply 17, posted (7 years 10 months 3 weeks 3 days 6 hours ago) and read 3255 times:

Eurocypria are taking over A-Jet/Helios's weekly summer HUY-Larnaca charter flight. As things stand that will mean two ECA LCA flights at HUY on Wednesday nights next summer in the space of about an hour, unless the flights get combined


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