CityJet to axe months-old Cork to London City route
CityJet is to terminate its service between Cork and London City Airport from June 26.
It launched the route last October, but said its initial optimism had not translated into sufficient business being generated by the service.
"Unfortunately, with the route now in its eighth month of operation, we have been unable to achieve our passenger load factor and average fare targets," said CityJet executive chairman Pat Byrne.
"Consequently, our 18 weekly flights failed to gain a market foothold sufficiently to ensure a continuity of this service. This is despite strong and appreciated support from Cork Airport and business organisations in the region, in addition to a significant investment in marketing of the route.''
He said the airline remains committed to its routes from Cork to La Rochelle and Nantes in France, and to its charter service to Menorca.
"While this spells the termination of CityJet flights from Cork to London, the airline believes there are potentially viable routes to other European destinations which could prove particularly attractive in the light of the deliveries of our new Superjet SSJ 100 jets," Mr Byrne said.
Mr Byrne founded CityJet in 1992, and its first flight was in 1994. He resigned as chief executive in 2000, and the group was subsequently wholly owned by Air France-KLM. Mr Byrne remained as non-executive chairman of the group until its sale by Air France-KLM to Germany's Intro Aviation in 2014. He and a group of investors reacquired the airline from Intro this year.
CityJet is based in Dublin, but its main operational base is London City Airport.
Mr Byrne said that the airport remains one of the most expensive in Europe to operate from.