Cobalt Air suspends operations
Cobalt Air has become the latest airline in Europe to suspend operations, with the airline citing issues with arranging an agreement with a potential investor as the cause.
An announcement was placed on the main page of their website as seen in the following screenshot:
It was only two years ago that Cobalt initiated operations, and has since built up a fleet of six Airbus A320 family aircraft consisting of two A319s and four A320s. Their most notable route was Cyrpus from the United Kingdom, which proved to be popular due to the huge tourist demand. Cobalt also had plans to acquire A330-200s to fly to broader destinations such as China, the US and South Africa but has obviously not put these plans into place before their suggested date of September 2018.
The suspension will leave over 200 staff members without jobs and/or stranded with passengers as well as six untended aircraft until all the paperwork is done.
More information to come as it arises.