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OzJet suspends scheduled services
OzJet Airlines will concentrate on charter flights after deciding to suspend its scheduled flights between Melbourne and Sydney.
OzJet chairman Paul Stoddart said that it was with very great regret that the decision had been made to stop flying scheduled services immediately.

"Unfortunately, for whatever reasons, we have not had the support we needed to operate in that environment against big, established carriers," Stoddart said. "It`s very, very disappointing, particularly, I`m sure, for those people who had started travelling regularly with us between Melbourne and Sydney and many of our very diligent and loyal employees. Sad to say, there have not been enough of those regular customers."

"We will now concentrate, with a reduced workforce, on charter operations. We have given it a go in a very tough area of the Australian aviation industry and, as much as we would have hoped, it has become clear that we were not going to achieve in the immediate future the kind of revenues that were needed to keep OzJet in the air as the airline was envisaged. Charter operations may well be more rewarding.
"

OzJet will retain its Air Operator`s Certificate, a minimum of two Boeing 737 aircraft for charter work and about 30 per cent of its staff.

"OzJet will focus its future flying around ad hoc and VIP charters, something there is clearly a demand for in Australia as little, if any, competition exists in that market," Stoddart concluded.

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