Jota Aviation has appointed liquidators after bowing to the pressures caused by the pandemic. Jota Aviation, a passenger and cargo airline, operated out of Southend Airport in the UK using four BAe 146-300 QT freighters
Jota Aviation reported a loss of £3m in the 2019/2020 financial year and a loss of £3.3m in the previous 12 months.
In July last year, director Andy Green commented: “The slow processing of permits from European Union (EU) states were not mirrored by the UK for EU airlines and we became operationally uncompetitive in a go-now market we had previously mastered.
“This has had a profound impact on the business and combined with ongoing effects of coronavirus on the passenger operation, made trading very challenging.”
