CityJet plans to rebrand and renew its fleet

Newly independent airline CityJet plans to renew its fleet “as soon as possible”, according to CEO Christine Ourmières. CityJet would like to acquire a longer-ranged type to replace its 18 Avro RJ85s, so as to open a wider range of destinations, but size limits at London City constrain its choices. The Sukhoi SSJ 100 and Bombardier CS100 are understood to be the main candidates, but Intro Aviation Chairman Hans Rudolf Wöhrl indicated that the latter would only be given serious consideration after it has entered service. CityJet and VLM were recently acquired by Intro Aviation. The terms of the deal have not been disclosed, but included former owner Air France-KLM absorbing most of CityJet’s debt. Air France-KLM injected EUR41 million into the airline in December, when Intro made its formal offer, and a further EUR22 million in April, prior to the sale closing. Being debt-free “means we are getting a fresh start,” said Ms Ourmières. As part of this fresh start, the airline will introduce a new brand in June. Subsidiary VLM, which operates 11 Fokker 50s, will be operated separately from CityJet.

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