Cash-strapped JetBird puts staff on protective notice

December 1st, 2009

Air taxi start-up Jetbird has put about 40 staff on protective notice as it battles to secure funding for the commercial launch of its low-cost, pan-European, no-frills operation.

The cash-strapped company, owned by Irish investment group Claret Capital and a number of private investors, has delayed service launch three times this year – April, June and September – blaming delays to Embraer’s Phenom 100 certification and delivery schedule for the setback.

via Cash-strapped JetBird puts staff on protective notice.

Bookmark and Share

Tags:

Leave a Reply