Hellas Jet, Ceased Partially Her Ops!
 

According to the Greek economic newspaper "Naftemboriki", the Greek-Cypriot airline HELLAS JET, operating A320's, ceased partially operations today. The managment, decided to lease their A320's, to "HELLIOS" and "EUROCYPRIA". HELLAS-JET is a company of CYPRUS AIRWAYS.
During the last meeting of the board, it was decided to "partially" cease operations, and lease the aircrafts, instead of closure, due to the high cost, of approx. 15 million Euros.
It must noted, that two bussines men , one Dutch, and one Anglocypriot, are willing to buy major stocks of the company.

It is a very sad moment, for Greek aviation, and for the colleques, who are flying there. Hopfully, they will escort the planes, during the lease.:ugh:

They certainly haven't ceased operations; saw an A320 in MAN this morning, c.10am.

They are flying for OA (leased)....

Their flights to Manchester are still bookable and one is due tomorrow
and I certainly heard yesterdays flight
and yes they do code share but only on Thursday and Saturday

G-I-B

Yes .... saw one of their A320's taxi out of MAN today so they're still going.

But for how much longer?

Greek Daily Kathimerini here are quoting the Cypriot Communications Minister as saying the airline will be winding down:

"State-owned airline Cyprus Airways is gradually to close down its loss-making Athens-based subsidiary Hellas Jet, Cypriot Communications Minister Haris Thrassou said on Saturday. Hellas Jet was losing an estimated 1.5 million euros a month. A British and Dutch company had made tentative bids to buy Hellas Jet but Cyprus Airways rejected the offers. Closure of the airline is expected to cost between 15 and 17 million euros in paying staff compensation and settling outstanding debts. (AFP)"

m.

:sad:
Ét is sad, that this airline ceases operations.......because the mentality of the people working there, was very clear, and helpfull to everyone......in contrast with the people working for AEGEAN.
All of us, are holding our breath, and pray, for this company to "escape" bankrupcy......

Hellas Jet, Ceased Partially her Ops
 

Hi all,

Does anyone here know if there is a direct link from Aegean and hellas Jet.. if so does Aegean will be in same problems as Hellas Jet? Im looking for places to do TR+Line Training on B737 or A320.. this seem to me fine places but with the current news ?!?!

thanks..

I dont think that any airline here in Greece, (OA-AEGEAN HELLASJET), trains individuals in 737, or 320. The only TRTO in Greece, is that owned and operated by OLYMPIC AIRWAYS, which operates also, 737 EFIS catD simulator, and ATR's.

Hellas jet

They released a press statement yesterday to the effect that they will cease full operations 15th May.

A sad day for a really great bunch of guys and girls, I will certainly miss you. I wish you clear horizons and safe skies.

Operations to cease on 10th May...
 

Sad day :( : Hellas Jet announcement here.

I hope all you nice people at T4 are found positions elsewhere in the Cyprus Airways group. You've been a breath of fresh air on the LON-ATH route and will be sorely missed.

Kalw pasqa
:mad:

Nice people, have always a place in our hearts....
And good professionals, as those in HJ, will find a place into a 320 cocpit ASAP!
Good luck guys !