Type
Closure
Country
Ireland
Region
Southern and Eastern; South-West (IRL);
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

100 jobs
Number of planned job losses
Job loss
Announcement Date
29 January 2004
Employment effect (start)
Foreseen end date
1 February 2004

Description

The Cork-based Jetmagic airline suspended its operations at the end of January 2004 with immediate effect. The expected level of customer demand did not materialise, particularly in relation to business travel. Jetmagic had three aircraft and employed 100 people.


Sources

  • 29 January 2004: The Irish Times

Citation

Eurofound (2004), Jetmagic, Closure in Ireland, factsheet number 59968, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59968.