Heavy turbulence ahead
The airline has always struggled with its finances – incurred losses of 25.3 million kroner in 2019 and then more than 50 million kroner in 2020.
This was told by Eigild B Christensen, the owner of the airline, to BT -tabloid the company faced monthly losses of $ 5 million during the winter and decided it was best to call it a day now.
Great Dane Airlines was founded back in 2018 by its CEO Thomas Hugo Møller, and its maiden voyage traveled to Rhodes on June 14, 2019.
Source: The Nordic Page