Gill Airways the UK regional carrier has completed a restructuring of its route network as part of the efforts to turn the struggling business around. In February, the carrier had placed itself in the hands of the administrators, a UK version of filing for bankruptcy protection.
The changes include an end to the franchise service that Gill operated on behalf of Air France from its Newcastle base to Paris. Loss-making routes have also been axed from the English south coast to Scotland and the airline is making a phased withdrawal from some of its night mail contracts.
The airline aims to refocus on its core scheduled business and has moved swiftly to raise frequency from Newcastle to Belfast City and Aberdeen.
Newly arrived chief executive Malcolm Naylor, who had placed the company into administration shortly after joining Gill at the start of this year, remains bullish about turning the carrier around. He says that the reorganisation is "...part of the process that we intend will ensure an early return to a strong, profitable and independent existence."
Joint administrator Iain Watters says: "Our aim is to achieve the early emergence of Gill Airways from administration as a going concern, and these changes represent another step in that process."
Source: Airline Business
