PrivatAir, Switzerland, insolvency, fleet, bankruptcy, airline, 2018, SAS, Lufthansa, Pune, Stavanger, Houston, Copenhagen, Newark, Boeing
PrivatAir B737-700 (photo: PrivatAir)

Former SAS supplier goes bankrupt

The Swiss carrier used to fly for a while for SAS on the Stavanger-Houston and Copenhagen-New York routes.

The small Swiss airline PrivatAir, which until last year flew for SAS on routes between the Nordics and the United States, has fallen into insolvency.

Founded in 1977, PrivatAir has “with great sorrow” filed for bankruptcy in both Switzerland and Germany.

In November 2016, a majority 51% stake in the company was taken by the British investment firm SilverArrow Capital.

However, the carrier’s ongoing difficulties were emphasised in October 2018 when the German aviation authorities suspended the licence of PrivatAir’s German subsidiary.

“Over the last couple of weeks, a number of events have had a significant impact on the company’s expectations for the future and viability, and it has forced the company to file for bankruptcy,” the airline said in a press release.

Flying for SAS
PrivatAir will be known by some Danish passengers as it operated for SAS for three years on a lease agreement, with a Boeing 737-700 aircraft that carried the name Eivind Viking.

It flew for SAS between Stavanger and Houston in 2014, a route that closed down in 2015 due to lack of demand for travel between the two oil cities.

But the PrivatAir aircraft was shifted to Copenhagen, where SAS put it to work on the evening departure to New York-Newark from October 2015.

At the end of March 2016, it helped launch a new SAS route between Copenhagen and Boston, which it flew until August 20, 2017, when SAS replaced it with its own Airbus A330.

PrivatAir has also flown for other Star Alliance members, such as Lufthansa, for which it operated a route from Frankfurt to Pune in India until the end of June this year.

Most recently, PrivatAir Germany operated three A319-100s for Saudia Private Aviation, all of which had been in the process of being transferred back to Switzerland at the time of filing for insolvency. The B737-700 that flew for SAS, together with one other plane of this type, are in storage.

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