The business was established in 2022 to offer Airbus flights to travel organizers. According to the company, it became more complex than expected and the economic challenges contributed to a reconstruction the following year.
"The financing that we have tried to get in place for a controlled phase-out has unfortunately not been successful and I understand that those who are affected are sad, shocked and disappointed. Now we have no other choice than to reorganize and focus on the part of the business that can achieve long-term profitability", says Bra-owner Per G Braathen in a press release.
All flights with Airbus for travel organizers are cancelled immediately. Approximately 200 employees are affected by the bankruptcy.
