June 29: New Australian airline Strategic Airlines has purchased Ozjet Airlines from its administrators after it won the support of Ozjet staff and creditors.
“We are extremely pleased to announce the purchase of Ozjet Airlines. It is a great outcome when you are able to not only ensure the payment of entitlements to staff, but also retain some of the existing employee base for future company operations,” said Michael James, Executive Director of Strategic.
Strategic has yet to start operating, but expects to do so in September with a fleet of two A320 and a single A330 aircraft. With the acquisition of Ozjet, Strategic has gained its remaining two Boeing 737-200s and services from Perth.