General Directorate of Civil Aviation (SHGM) His statement from Twitter stated that the company filed for bankruptcy and that its operations were stopped.
Atlasjet airlines filed for bankruptcy because their operations could not continue and their flights were stopped.
– Civil Aviation GM (@SHGM) February 14, 2020
In the sharing made via SHGM’s Twitter account, “Atlasjet Airlines has filed for bankruptcy because its failure to continue its operations and its flights have been stopped”.
Atlas Global Airlines had restarted its scheduled flights with a break.
HAS STOPED SCHEDULED FLIGHTS
It was announced that the airline Atlasglobal (Atlasjet), which is known to have experienced a financial crisis for some time, decided to stop its flights until 21 December with a press announcement in November. The company stated in its statement that as of April 2019, with the transition to Istanbul Airport, the great increase in logistics and operational costs eliminated the opportunity to compensate for 2016/2017 losses in sufficient time for the company.
Atlasglobal (Atlasjet) declared, “We temporarily stopped all flights to provide the necessary configuration and improvement in our cash flow.”