CityJet examiner appointed over insolvency by High Court

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

CityJet DAC had an examiner appointed by the High Court on 27 April 2020 after becoming insolvent. Kieran Wallace of KPMG was given up to 100 days to formulate a scheme of arrangement with creditors, subject to court approval.

The airline said financial difficulties worsened after its fleet was grounded during the Covid-19 outbreak. The court was told CityJet employed 1,175 people and had appealed a €23 million Revenue tax demand.