Ajet, the UK-Cyprus charter carrier of Libra Holidays Group, will cease flying in three months as a result of financial difficulties.
In a statement, Libra Holidays said most Ajet services this winter would operate as normal. The company reassured customers there would be no impact on holidays “in the unlikely event that any flight rearrangements are necessary”.
Ajet’s three aircraft serve several European destinations, but the airline only flies to Cyprus from the UK. Not all Libra’s existing programme to Cyprus is with Ajet – it also flies with Excel Airways.
The news followed an Ajet Aviation announcement to the Cyprus stock exchange that appeared to take the company in the UK by surprise.
Ajet only launched in May, taking over the schedule of Libra-owned Helios Airways. Libra had bought the carrier in 2004, but Helios had been badly damaged by the crash of a flight from Larnaca in August 2005 in which 121 died.
A Greek air accident investigator’s report last month blamed human error for the disaster.
A Libra spokeswoman said the company was discussing changes to its spring and summer operations as a result of the announcement.