Jetalliance was one of Europe’s largest business jet operators, based in Oberwaltersdorf near Vienna, which was forced into insolvency in 2012 after a period of rapid growth and ambitious aircraft orders.
Foto: Alan Lebeda · Lizenz: GFDL 1.2 · Quelle: Wikimedia Commons
From Business Jet Operator to European Heavyweight
Jetalliance was founded in 1996, headquartered in Oberwaltersdorf in Lower Austria with its base at Vienna International Airport. The company operated a large fleet of business jets from multiple manufacturers, ranging from Cessna Citation and Learjet types through Dassault Falcon to Gulfstream and Embraer Legacy aircraft, certified for flights across Europe and, with its own FAA approval, into the United States and Canada. In January 2006 it ordered 28 further Cessna Citation jets, alongside orders for Airbus Corporate Jet models.
Insolvency and Wind Down
In November 2012, Jetalliance filed for insolvency with claims of around €28.9 million. In October 2013, the decision was made to close and liquidate the company.
Further reading: Austrian Aviation History
Sources (Selection)
Part of the Austrian Aviation History section. An independent, private history project with no connection to Austrian Airlines AG or the Lufthansa Group.