AtlasGlobal temporarily ceases all airline operations amid financial difficulties

Nov 27, 2019

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AtlasGlobal, the Istanbul-based leisure and charter airline has announced it will cease operations completely for one month from 26 November to 21 December 2019. The drastic decision comes after the airline has suffered significant financial difficulties and required an urgent improvement to cash flow.

The airline has a fleet of 18 Airbus aircraft flying to 24 destinations across Europe and the Middle East, including its only UK destination, London Stansted Airport (STN). As the company announced the news it pointed to both the economic instability in Turkey as well as the costs of moving from Ataturk to New Istanbul Airport as the primary reasons behind its financial woes. AtlasGlobal has been operating for almost two decades.

Related: Inside New Istanbul Airport — the World’s Largest Airport Terminal

The website for AtlasGlobal has also been closed, replaced by a notice of the temporary flight closure as the airline “enters a new phase of restructuring in order to provide you a unique flight experience”. Only minimal call centre staff will be working during this period with all other airline staff considered ‘on leave’.

Unfortunately the website advises that any refunds or flight changes will not be considered until 15 December, with further updates on refund and rebooking options on 16 December, at which point the airline may not have the free cash to even be able to refund affected passengers. If you are travelling before then, you may wish to contact your credit card issuer to attempt a charge back of the flight that will no longer operate, or check if your travel insurance covers insolvency/financial difficulties of an airline.

Featured image by AtlasGlobal

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