Good Afternoon from Farnborough.
Britain's leading regional carrier has today taken over management of fellow GMI member,
Northern Welsh Airways in an attempt to restructure the loss-making carrier and return it to
profit for the first time since its founding.
The first action Flytoo has taken is to inject £10 million into NWA to allow the carrier
to replace its single Britten-Norman Islander with a larger & faster ex-Waterford International
Let 410 aircraft. This will enable the carrier to expand its services for the first time in years.
Flytoo has expressed its interest in ordering further Let 410 aircraft if the airline returns to
profit within 6 months.
Flytoo has also expressed its interest in connecting Swansea & Anglesey to Jersey using NWA.
Operations will continue under the Flytoo brand and flights will now be sold through Flytoo as well
as NWA in an attempt to boost sales using Flytoo's regional reputation. Flights will continue to
operate under NWA's EV flight code as well as Flytoo's UK flight code.
Further information will be released as it becomes available.
Thanks,
Kai