Turkish airline Atlas Global halted flights for the second time in four months, and is expected to declare bankruptcy, Interfax reported referring to the Daily Sabah.
The company plans to declare bankruptcy due to financial problems linked to relocating to the new Istanbul airport in 2019. A meeting was held with the carrier’s employees, where they were informed that they may no longer come to work, the newspaper said.
The company has already interrupted flights from November 27 to December 21. Then it partially resumed flights to London, Baghdad, Tel Aviv and Amsterdam, as well as some domestic routes.
Atlas Global is owned by ETS Group, and its headquarters is located in Istanbul.