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Jettime A/S, previously known as Jet Time, is a Danish charter airline with its head office in Kastrup, Tårnby Municipality,[2] and its main base at Copenhagen Airport.

Key Information

History

[edit]
Jet Time's previous logo
A Boeing 737-800 operating under the newly-named "Jettime" at Kangerlussuaq Airport in 2024

The airline was originally founded under the name Jet Time by a group of Danish investors, and operated its first flight on 19 September 2006.

In November 2016, it was announced that Jet Time and Scandinavian Airlines (SAS) would end their contract for Jet Time's operation of eight ATR 72-600s on behalf of SAS in early 2017, as SAS wanted to concentrate on larger aircraft.[3] Subsequently, Jet Time had phased out the relatively new ATR aircraft.

The airline announced that it had filed for bankruptcy on 21 July 2020,[4] after having discharged most of its employees in June due to the COVID-19 pandemic.[5] However the airline expected to resume operations following the pandemic under a new company, which was established on 8 June 2020 under the name Jettime.[6][7] Jet Time's assets were also to be transferred to Jettime, including Jet Time's CEO, a number of key employees, and five of Jet Time's Boeing 737 aircraft, for operations planned to resume by 2022.[8][9] A new, separate air operator's certificate was subsequently issued to the airline,[10] and operations resumed in July 2021.[11]

Destinations

[edit]

Jet Time has operated charter flights to destinations including the following:

Country or Territory City Airport Notes
Albania Tirana Tirana International Airport Nënë Tereza
Austria Innsbruck Innsbruck Airport
Salzburg Salzburg Airport
Bulgaria Bourgas Bourgas Airport
Varna Varna Airport
Croatia Dubrovnik Dubrovnik Airport
Split Split Airport
Cyprus Larnaca Larnaca Airport
Denmark Aalborg Aalborg Airport
Aarhus Aarhus Airport
Billund Billund Airport Base
Copenhagen Copenhagen Airport base
Egypt Hurghada Hurghada Airport
Finland Helsinki Helsinki Airport Base
Tampere Tampere Airport
Vaasa Vaasa Airport
Oulu Oulu Airport
France Chambéry Chambéry Airport
Grenoble Grenoble Airport
Greece Chania Chania Airport
Corfu Corfu Airport
Heraklion Heraklion Airport
Kavala Kavala Airport
Karpathos Karpathos Island National Airport
Kefalonia Kefalonia Airport
Kos Kos Airport
Rhodes Rhodes International Airport
Samos Samos International Airport
Skiathos Skiathos Airport
Greenland Kangerlussuaq Kangerlussuaq Airport
Narsarsuaq Narsarsuaq Airport
Nuuk Nuuk Airport
Montenegro Tivat Tivat Airport
Norway Bergen Bergen Airport, Flesland
Kristiansand Kristiansand Airport, Kjevik
Oslo Oslo Airport, Gardermoen
Stavanger Stavanger Airport, Sola
Tromsø Tromsø Airport, Langnes
Netherlands Amsterdam Amsterdam Airport Schiphol
Portugal Madeira Madeira Airport
São Miguel Island Ponta Delgada Airport
Spain Fuerteventura Fuerteventura Airport
Lanzarote Lanzarote Airport
Gran Canaria Gran Canaria Airport
Málaga Málaga Airport
Palma de Mallorca Palma de Mallorca Airport
Tenerife Tenerife South Airport
Sweden Gothenburg Göteborg Landvetter Airport
Halmstad Halmstad Airport
Jönköping Jönköping Airport
Kalmar Kalmar Airport
Malmö Malmö Airport
Luleå Luleå Airport
Norrköping Norrköping Airport
Örebro Örebro Airport
Stockholm Stockholm Arlanda Airport
Sundsvall Sundsvall–Timrå Airport
Umeå Umeå Airport
Växjö Småland
Turkey Alanya Gazipaşa Airport
Antalya Antalya Airport
Dalaman Dalaman Airport
Istanbul Istanbul Airport
İzmir İzmir Adnan Menderes Airport
Milas Milas–Bodrum Airport

Fleet

[edit]
Jet Time Boeing 737-700

As of August 2025, Jettime operates the following aircraft:[12]

Jettime Fleet
Aircraft In service Orders Passengers Notes
Boeing 737-700 1 — 148
Boeing 737-800 12 — 189
Total 13 -

Previously operated

[edit]
Jet Time Boeing 737-300

The airline operated the following aircraft types prior to its relaunch as Jettime:

Operations

[edit]

Jettime operates contract and ad hoc passenger and freight charters throughout Europe, as well as short-notice wet-lease charters for scheduled airlines including Air Greenland, Scandinavian Airlines, and Norwegian Air Shuttle. It has also provided VIP charters for clients including FC Copenhagen, Malmö FF, Mercedes-Benz, Rosenborg BK, and Volkswagen.[13]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Jettime

View on Grokipedia
from Grokipedia
Jettime A/S is a Danish headquartered in Kastrup, , specializing in leisure flights and ACMI (, , , and ) wet-leasing services primarily throughout . The operates from its main base at (CPH), using a fleet of 14 with an average age of 16.1 years as of November 2025, including models such as the 737-700 and 737-800. Founded on June 8, 2020, by Danish businessman Lars Thuesen, Jettime commenced commercial operations on July 7, 2021, following the of its predecessor, Jet Time, which had provided similar services since 2006. As a (B2B) operator, Jettime focuses on partnerships with tour operators for scheduled routes to popular destinations, while also offering ad-hoc charters and wet-leasing arrangements to other airlines. The carrier emphasizes through its modernized fleet, which features reduced CO2 emissions compared to older , and provides amenities such as online check-in, extra baggage options for , seat prebooking, and onboard . Jettime holds the IATA code JP and ICAO code JTD, and it maintains a strong presence in the Nordic market, serving routes to Mediterranean hotspots and other destinations.

History

Founding and early years

Jet Time A/S was established in September 2006 as a Danish by a group of Danish investors, with a primary focus on wet-lease operations and ad-hoc flights. The company was formed to address the demand for flexible services in the European market, particularly for tour operators seeking reliable aircraft leasing solutions. The airline commenced operations with its first flight on 19 September 2006, departing from , marking the start of its charter activities. This initial service underscored Jet Time's commitment to efficient, on-demand flying from its Danish base. For its early operations, Jet Time acquired a fleet of leased 737-300 aircraft, which were deployed for short- and medium-haul European routes. The business model centered on providing ACMI (Aircraft, Crew, Maintenance, and Insurance) services to other airlines and tour operators, enabling seamless integration into their networks without the need for full ownership. The head office was set up in Kastrup, within Tårnby Municipality, directly adjacent to to facilitate close coordination with ground operations and regulatory bodies.

Expansion and pre-bankruptcy operations

Following the initial establishment in 2006, Jet Time experienced significant expansion from 2010 to 2019, transitioning from a small operator to a key provider of wet-lease and ACMI services in . A pivotal development was the 2013 wet-lease agreement with (SAS), under which Jet Time operated up to eight ATR 72-600 aircraft on regional Scandinavian routes, with the first delivery occurring in October 2013. This contract, valued for its stability, supported operations until its termination in early 2017, as announced in November 2016, allowing Jet Time to redirect resources toward its core fleet. Parallel to the SAS partnership, Jet Time broadened its operational scope by securing wet-lease arrangements with airlines such as for scheduled services and providing charter flights for major European tour operators, including TUI Nordic, which accounted for a substantial portion of its block hours. By the late , the airline's activities encompassed short-haul passenger and cargo charters across , emphasizing flexibility in ad-hoc and seasonal demands. Fleet growth underpinned this expansion, with additions of 737-300 and 737-700 variants; the fleet increased from six to ten aircraft by the end of the 2018/19 financial year, enhancing capacity for these diverse operations. Employee numbers also reflected this scaling, rising from approximately 240 full-time equivalents in 2014/15 to 425 by the end of 2018/19, including pilots, cabin crew, and maintenance personnel to support the growing fleet and contract portfolio. However, the period was not without challenges; Jet Time contended with intensifying competition in the European charter sector and heavy dependence on seasonal , resulting in revenue volatility—though overall revenue climbed 27% to DKK 1.44 billion in 2018/19 from DKK 1.13 billion the prior year. Additional pressures included price fluctuations and USD risks, which the company mitigated through hedging strategies as outlined in its financial reporting.

Bankruptcy and relaunch

In July 2020, Jet Time A/S filed for at the Maritime and Commercial in , primarily due to the severe impact of travel restrictions that grounded its fleet since March and eliminated charter revenue streams. The filing on July 21 marked the culmination of financial strain, with the airline having laid off 95% of its staff the previous month. Anticipating the crisis, owner Lars Thuesen had established Jettime A/S on June 8, 2020, to acquire key assets from the impending , including select and personnel. This restructuring enabled Jettime to obtain a new (DK.AOC.085) from the Danish Transport Authority shortly after the bankruptcy, distinct from Jet Time's previous DK.AOC.060, allowing for a streamlined relaunch focused on ACMI operations. Operations under the Jettime brand resumed with its maiden commercial flight on July 7, 2021, initially emphasizing recovery of ACMI contracts amid lingering pandemic effects. By early 2022, the company had secured new wet-lease agreements, including a significant $72 million charter contract with , signaling renewed market confidence. Fleet modernization efforts began in January 2022 with the addition of the first 737-800 from the NG series, shifting away from prior turboprop operations like the ATR 72-600 to align with demand for efficient narrowbody ACMI services. This transition supported expanded wet-lease capabilities. Financial recovery progressed through diversified revenue streams, particularly ACMI leasing, which provided stability against future disruptions; Jettime reported its first profitable year in fiscal 2023, with consolidated revenue reaching DKK 1,994 million and a positive net result. In March 2024, Jørgen Holme stepped down as CEO after nearly eight years, with Anders Fred, previously CEO of a sister carrier, taking over the role.

Corporate affairs

Headquarters and bases

Jettime's headquarters is situated in Kastrup, Tårnby Municipality, , at Strandvej 390-392, functioning as the central administrative and maintenance hub for the airline. This location, adjacent to , supports key operational oversight and in-house aircraft servicing. The airline's primary base is (CPH), which handles the majority of its flights, crew basing, and ground operations for charter and ACMI services. Secondary bases include (BLL) in for regional activities, (HEL) in for Nordic routes, and (ARN) in to enhance flexibility across . Jettime maintains dedicated facilities for its NG fleet, including capabilities for heavy checks every two years and daily service inspections, all conducted in accordance with the manufacturer's program and international regulations. Cabin crew occurs at the over a four-week course, covering , service, and operational procedures, while pilot is sourced externally through certified programs.

Ownership and management

Jettime a/s is a privately held Danish airline, fully owned by investor Lars Thuesen through his holding company JT3H ApS. Thuesen acquired and relaunched the company in 2020 following the bankruptcy of its predecessor, Jet Time, establishing stable ownership that has seen no major shifts since the 2021 operational restart. The comprises three members: Lars Thuesen, Peter Schäfer (chairman), and Ingolf Bernhard Pedersen, providing oversight with expertise in and . The executive leadership is headed by CEO Anders Torbjörn Fred, who assumed the role in March 2024 after serving as CEO of sister carrier and succeeding Jørgen Holme, who had led the company for eight years post-relaunch. The senior management team includes key roles focused on operational excellence and compliance, such as John Uggerhøj, of Management Support Birthe Madsen, of Finance & Business Support, of Technical Operations, of Flight Operations, and Head of . This structure emphasizes flight safety, maintenance, and strategic growth under Fred's direction. Governance at Jettime adheres to European Union Aviation Safety Agency (EASA) regulations, with annual financial reporting audited by PricewaterhouseCoopers and submitted to Danish authorities, including the annual general meeting held on January 21, 2025. The company promotes diversity targets in its board and management, aiming for balanced gender representation by 2025, though the current composition remains predominantly male.

Operations and services

Business model

Jettime's primary business model centers on charter flights, serving tour operators with scheduled and ad-hoc services to leisure destinations, as well as incentive travel (IT) charters designed for corporate groups and events. These operations cater to group travel needs, leveraging the airline's flexibility to accommodate varying passenger volumes and destinations across Europe. Complementing this, Jettime provides ACMI (, , , and ) services, offering wet-lease solutions to partner airlines for short-notice or extended periods, including full operational support under the client's branding and standards. This segment enables rapid capacity deployment for carriers facing or disruptions. In 2025, Jettime expanded its ACMI operations with additional flight hours. The airline diversifies its revenue through these complementary streams, with charter flights experiencing pronounced seasonal peaks tied to summer tourism in the Nordic region, while ACMI contracts offer year-round stability amid fluctuating leisure travel patterns. Following its 2021 relaunch, this approach has supported operational resilience in a post-pandemic market. Sustainability forms a key pillar of Jettime's strategy, with the adoption of fuel-efficient aircraft helping to minimize emissions compared to older models; the reported an 8% reduction in CO2 emissions per passenger seat kilometer by the end of 2023, reaching 67.1 grams. Passenger services are tailored to dynamics, including online opening seven days before departure and closing 48 hours prior, generous extra baggage allowances for , and fast-track security options to enhance convenience for group travelers.

Key clients and partnerships

Jettime maintains wet-lease contracts with (SAS), providing aircraft, crew, maintenance, and insurance (ACMI) services for regional and short-haul operations, including the deployment of three 737s during the summer 2023 season. This partnership has extended through long-term agreements, with the SAS wet-lease contract running until 2028 to support scheduled flights. Jettime also provides wet-lease services to , operating 737-800 aircraft on routes such as to , with operations confirmed for weekly services through 2026. In the tour operator sector, Jettime secures charter agreements with TUI Nordic and other European holiday providers, including a $72 million deal for seasonal flights and the introduction of additional aircraft starting in summer 2024 to enhance regional connectivity in Sweden and Denmark. These charters support popular leisure destinations, such as the new Copenhagen-Lamezia Terme route launching in June 2025. A notable recent partnership involves , where Jettime wet-leases one 737-800 from 25 February 2025 to 24 October 2026 for short-haul European routes, with a second joining from September 2025, bolstering Finnair's holiday operations with 189 seats dedicated to leisure traffic. For VIP and corporate clients, Jettime delivers tailored charter services to FC Copenhagen football club for team travel and Mercedes-Benz for event-related flights, emphasizing flexibility in high-profile operations. Jettime's ACMI contracts generally span 1 to 5 years, allowing for seasonal adjustments while ensuring operational stability for partners.

Fleet

Current fleet

As of November 2025, Jettime operates a fleet of 14 Boeing 737 Next Generation (NG) aircraft, consisting of one Boeing 737-700 and thirteen Boeing 737-800s. The Boeing 737-700 is configured with 148 economy-class seats in a high-density layout suitable for charter operations, while each Boeing 737-800 accommodates 189 passengers in an all-economy configuration optimized for leisure and ACMI (Aircraft, Crew, Maintenance, and Insurance) services. The fleet's average age is 16 years, with the 737-700 at 20.2 years and the 737-800s ranging from 10.4 to 22.5 years (average 15.7 years); all aircraft are maintained to (EASA) standards at the base using Boeing's manufacturer program, supported by in-house engineers and outstation teams. All registrations carry Danish prefixes (OY-). Jettime's standard livery features a with blue "Jettime" titling on the tail and forward , though aircraft wet-leased to partners such as or SAS may retain the client's markings during contract periods. The airline has one 737-800 on order to support its ACMI contract with , extended in 2025 to operate two aircraft through October 2026.

Previously operated aircraft

Jet Time's historical fleet prior to its 2020 bankruptcy included the Boeing 737-300 as an early primary aircraft type, with 10 units operated cumulatively from 2006 to around 2016. These narrow-body jets were configured in a single-class layout accommodating 148 passengers and were primarily deployed on short-haul charter services throughout Europe. All units were fully retired by the bankruptcy due to their advancing age—many exceeding 25 years in service—resulting in higher maintenance costs and reduced fuel efficiency relative to modern alternatives, alongside the emphasis on standardizing operations around newer aircraft types. In addition to the 737-300s, Jet Time operated various other Boeing 737 variants, including 7 x 737-400, 2 x 737-500, 9 x 737-700, and 6 x 737-800, along with 13 ATR 72 turboprops cumulatively. Jet Time leased 6 ATR 72-600 aircraft from 2013 to 2017 for regional operations under contract with System (SAS). These high-wing, twin-engine planes were suited for shorter Scandinavian routes, offering lower operating costs on low-demand paths compared to jets, and were returned to the lessor after the contract concluded in early 2017. The also engaged in occasional wet-lease arrangements for Boeing 737-700 before 2020 to supplement capacity during peak seasons, though none were added to its owned inventory. Overall, Jet Time's fleet reached a peak of approximately 27 around 2016, reflecting its expansion into charter and ACMI (Aircraft, Crew, Maintenance, and Insurance) services before reducing to 10 by 2019 and the subsequent restructuring that shifted focus to the family.

Route network

Primary and seasonal destinations

Jettime primarily operates from its key hubs at Copenhagen Airport (CPH) in Denmark, Helsinki Airport (HEL) in Finland, Billund Airport (BLL) in Denmark, and Stockholm Arlanda Airport (ARN) in Sweden, serving as departure points for its charter and wet-lease services across Europe. These bases enable efficient connectivity for Nordic tour operators and airlines, supporting both scheduled wet-lease operations and ad-hoc charters to leisure-focused routes. The airline's route network encompasses numerous European destinations, with an emphasis on popular leisure spots in the Mediterranean, , and resorts. These routes cater to demand, often in partnership with major Nordic carriers and tour operators. Seasonal variations shape Jettime's operations, with a summer focus on Mediterranean destinations in countries like and to support peak traffic. In winter, the network shifts toward warmer escapes, including flights to for resorts and the for year-round mild weather. This pattern aligns with charter variability. Across its network, Jettime handled over 600,000 passengers in the 2023/24, reflecting steady growth in leisure travel recovery and expansion into ACMI services.

Recent route developments

Following its relaunch in 2021, Jettime experienced substantial post-COVID recovery, resuming charter operations to key leisure destinations including , , in 2022 as travel demand rebounded across . This resumption was part of a broader network expansion. By the 2023/24 , these developments contributed to a 17% increase in block hours flown, reaching 34,301 hours, alongside revenue growth to DKK 1,994 million from DKK 1,044 million in 2021/22. In line with market adaptations, Jettime increased its focus on sustainable operations, incorporating direct flights to minimize layovers and reduce emissions, achieving an 8% drop in CO2 per passenger seat kilometer by end-2023 toward a 10% goal by 2025. Winter expansions included seasonal charters to ski destinations like (SZG) during the 2024–2025 season, catering to Nordic leisure travelers. A notable partnership-driven development came in February 2025, when Jettime began operating short-haul flights for from to various European cities using a leased 737-800 with 189 seats, under a extending to 2026 to bolster Finnair's capacity. This ACMI arrangement, alongside similar operations for SAS and in summer 2025, underscores Jettime's growing role in wet-leasing for major carriers. As of November 2025, Jettime reported revenue surpassing DKK 2 billion for the previous amid ongoing industry recovery, though facing some financial challenges.

References

  1. https://jettime.com/company/the-company
  2. https://www.aerotime.aero/articles/25472-jet-time-files-for-bankruptcy-owner-registers-jettime
  3. https://www.planespotters.net/airline/Jettime
  4. https://aviationweek.com/air-transport/airlines-lessors/danish-leisure-carrier-jet-time-files-bankruptcy
  5. https://simpleflying.com/sas-wet-lease-three-boeing-737-summer-2023/
  6. https://jettime.com/
  7. https://airwaysmag.com/new-post/jet-time-takes-to-the-skies-copenhagen
  8. https://centreforaviation.com/data/profiles/airlines/jet-time-jtg
  9. https://skybrary.aero/operator/jet-time
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  11. https://worldairlinenews.com/2013/10/22/jettime-takes-delivery-of-the-first-atr-72-600-for-sas/
  12. https://www.ch-aviation.com/news/50868-denmarks-jet-time-ends-atr72-500-ops-for-sas
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  14. https://regnskaber.cvrapi.dk/52242492/ZG9rdW1lbnRsYWdlcjovLzAzL2E2L2I0LzBjL2U1LzIzNTItNGQ0OS1hYjk3LTczOTBjMDFkMmU1OQ.pdf
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