Originally Posted by
davidjohnson6
Why did Jota (seemingly) close ? I can understand spring 2020 until late 2021 may have been awful... but aviation in Europe seems to be in a fairly robust state of health, so there should be plenty of profitable work available now.
As far as I'm aware even pre-COVID they weren't profitable. In 2019 they lost something like £3 million. They were only kept alive by their CEO who was able to continue pumping money into them.