The Danish airline Cimber is to close down by April 1 next year.
It has given six months’ notice to all of its 130 employees.
Cimber said it has been forced to close after Scandinavian airline SAS decided not to continue with a leasing agreement next year.
“SAS has decided against extending our current agreement concerning four CRJ 200 aircraft from April next year,” Jørgen Nielsen, chief executive and co-owner of Cimber, told the travel website standby.dk.
”I am terribly sad about it, but after careful considerations we have decided to take the worst possible consequence and completely close down from April.”
Cimber will continue to work towards possibly securing new agreements that might ensure the survival of the airline.
The carrier was formed in the wake of Cimber Sterling’s bankruptcy in 2012 when three employees, including Nielsen, bailed out the airline and continued it as Cimber.
Cimber has a hanger and maintenance facilities at Copenhagen airport – where all of its flights operate from – but the airline also has activities in Aarhus and Billund.