Saturday, May 24, 2014

Mongolia's Eznis Airways suspends operations indefinitely

Eznis Airways (EF, Ulaanbaatar) has suspended operations with immediate effect citing "financial difficulties" caused by the harsh market conditions. In a statement, the Mongolian domestic carrier said the suspension would be indefinite.

"The management of the company and the shareholders had done everything during the last two years to survive, to keep positions of our employees and most importantly, to serve the public, but they cannot subsidize the financial losses any longer," it said.

Using a fleet of two Dash 8-400s and one Saab 340B, Eznis had served Choibalsan, Moron, Ulaangom, and Ulgit from its Ulaanbaatar hub.

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