Type
Bankruptcy
Country
Netherlands
Region
West-Nederland; Noord-Holland; Groot-Amsterdam
Location of affected unit(s)
Hoofddorp
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

160 jobs
Number of planned job losses
Job loss
Announcement Date
18 February 2010
Employment effect (start)
18 February 2010
Foreseen end date
18 February 2010

Description

On 18 February 2010 Denim Air, a leaser of aircraft to the airline industry, went bankrupt, resulting in the loss of 160 of the 180 jobs. The company intends to carry on with two planes and 20 employees, transporting Norwegian military in Afghanistan. The company lost several contracts and failed to win any new ones over the past seventeen months.


Sources

  • 20 February 2010: Haarlems Dagblad

Citation

Eurofound (2010), Denim Air, Bankruptcy in Netherlands, factsheet number 70429, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70429.