EUjet

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EUjet
IATA
ICAO
Callsign
VE EUJ UNION JET
Founded2003
Ceased operations27 July 2005
Operating bases
Focus cities
Manchester Airport
Fleet size6
Destinations21 in:
United Kingdom
Ireland
HeadquartersRepublic of Ireland Shannon, Ireland
Key peopleP.J. McGoldrick (CEO)
Stuart McGoldrick (Commercial director)
Websitewww.eujet.com (ceased)
EUjet Fokker 100

EUjet was a

Kent International Airport (MSE), Manston, Kent, UK. The airline was sold to a British company, PlaneStation, which also owned Kent airport, for €10m. In July 2005, PlaneStation went out of business with €40m in debts, forcing EUjet to cease operations.[1]

History

The airline was established in 2003 and started operations in May 2003. It was created by former

administration
.

Services

EUjet operated the following services (at July 2005):

Fleet

The EuJet fleet consisted of the following aircraft (History):[citation needed]

EuJet Fleet
Aircraft Total Passengers Notes
Fokker 100 6 108

Collapse

On 25 July 2005, trading in PlaneStation (EUjet's parent company) shares was suspended. Passenger numbers were far down on expected figures and the company suffered a £6.5 million loss in the last half of 2004. The company stated that discussions with the banks have "not been positive".

On 26 July 2005, all flights were suspended along with the operations of Kent International Airport for all bar freight traffic. Later in the day, EUjet went into voluntary administration leaving up to 5,000 passengers stranded abroad and 500 jobs in the balance.

Lack of passenger numbers are one reason cited for the failure of the airline, with only 330,000 out of the 500,000 passengers predicted for the first year of operation. In addition, the airline had been plagued with disruption and protest from people in Thanet, a significant proportion of whom were against any expansion of operations at Kent International Airport.

easyJet, a rival airline, offered to fly home the thousands of stranded EUjet customers for a flat fee of £25.[2][3][4]

References

  1. ^ Done, Kevin. "Planestation collapse leaves EUjet stranded". Financial Times.
  2. ^ BBC News
  3. ^ "Sligo Weekended". Archived from the original on 11 November 2005. Retrieved 2 August 2005.
  4. ^ Sunday Business Post[permanent dead link]

External links

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