The carrier who suddenly suspended flights, does not want to give up easily. It looks for funds, also on the Warsaw Stock Exchange.
After 12 months of operations, Direct Fly, the Polish carrier with unique direct routes among Polish cities, suspended operations. SkyExpress, the owner of Direct Fly’s planes, decided to give up passenger flights.
The management assures that it is just temporarily and flights will be renewed ‘as soon as possible’. Passengers who have bought tickets will have their money paid back.
The company’s representatives admit that they will need to correct the business model. They will look for funds to strengthen the company. A listing is one of the solutions being considered. Airports were not surprised with Direct Fly’s flight suspension.
“We had thought that the carrier was having problems because it was cancelling more and more flights. The planes were occupied in 20-40 percent. The company told us at the end of April that it was going to suspend operations. We immediately wrote about it on our website in order to inform passengers”, Adam Skonieczny from Gdansk airport said.
Tomasz Dziedzic, aviation market expert at the Institute of Tourism, believes that a company starting operations on such a difficult market as domestic flights in Poland, should not expect to become profitable within several years.
“It’s absurd to expect that the company will get out of the read within 12 months. It looks like the financial condition of the investor worsened suddenly”, Tomasz Dziedzic said. Direct Fly has had 25,000 passengers.© ℗