Originally Posted by
Albert Hall
This has got the potential to go badly wrong. An insolvency filing will, I would be fairly certain, give SAS rights to terminate the contract it has with CityJet - at which point it is game over. If the CRJ900s then get dumped back to their owners by CityJet's examiners, the other SAS regional supplier - XFly/Nordica/Regional Jet or whatever it's now called - would be able to get a much better deal on those aircraft in the current climate to offer them more cheaply to SAS. It's not good for all those involved and the future of CityJet is now entirely in SAS' hands.
If I’m not mistaken... Cityjet is owned by Falko... the leasing company that owns the aircraft. They’ll be putting together a good solution and SAS has no appetite to lose its’ regional flying.