Primera Air Collapses

After 14 years in business, the Icelandic owned, Danish-registered budget airline, Primera Air, ceased operations at midnight on October 1. The carrier had offered low-cost flights from Stansted and Birmingham to North America earlier this year, but the majority of its work was to Mediterranean holiday destinations. A possible sign of Primera’s troubles came in August when it announced it was axing its entire network of seven European destinations served from Birmingham from September 3. The airline issued a press release a matter of hours before it ceased flights explaining that it had been unable to find long-term financing, leaving it with “no choice” but to file for bankruptcy. It had also claimed that the late delivery of Airbus A321neo airliners had forced it to cancel flights and lease replacement aircraft, thereby raising its operating costs.