The Danish airline Great Dane Airlines, which flew for the first time in 2019, has been declared bankrupt after both the take-off year 2019 and the pandemic year 2020 left deep traces in the company’s finances.
Great Dane Airlines based at Aalborg Airport has been declared bankrupt according to CHECK-IN.DK. The Danish airline, which flew with three Embraer 195 on mainly charter assignments and a few regular routes, has had a tough start, leaving large financial deficits. Behind the bankruptcy is now that they have too few contracts during the winter to justify a continued operation of the airline according to Eigild Bødker Christensen who owns 90 percent of Great Dane Airlines.
“We have far too little to fly during the winter season, and we look six months ahead, where it costs five million (Danish) kroner a month. So there is only one thing to do, and that is to close it “, says Eigild Bødker Christensen to CHECK-IN.dk about the bankruptcy of Great Dane Airlines.
During the pandemic, Great Dane tried to find sources of income outside Denmark, and during the winter of 2020/2021 flew a wet-lease in Vietnam for Bamboo Airways. During the spring and winter, both charter and scheduled flights from Denmark to Europe were also flown, but after a total loss of just over 117 million Swedish kronor in two years, it is now the final flight for Great Dane Airlines.
Great Dane Airlines has on a number of occasions visited Sweden on various charter assignments and would fly on behalf of BBI-Travel between Groningen and Scandinavian Mountains Airport outside Sälen next winter.
(Photo: Great Dane Airlines)
Credit: Simon Ericson & Flyg24Nyheter
Original article (SE): https://flyg24nyheter.com/2021/10/12/danskt-flygbolag-i-konkurs/