CityJet awaits Revenue decision on survival scheme
This report is a localnews.ie summary based on public court reporting and records; sources are listed below.
CityJet’s survival scheme remained awaiting Revenue’s position at the High Court on 24 July 2020, with approval still pending.
Revenue, a creditor, sought clarification about potential litigation proceeds exceeding €50 million and whether that money would repay creditors.
The examiner recommended approval, while the airline supported the scheme, which was intended to retain 146 jobs in Ireland.