CityJet is ending its Cork to London route on later this month on 26 June, just eight months after it launched.
The demand for the route has not been as was originally forecast or expected and CityJet chairman Pat Byrne was forced to concede that it is no longer commercially viable.
He explained that the company had been unable to achieve its passenger load factor and average fare targets.
He said: “Our 18 weekly flights failed to gain a market foothold sufficiently to ensure and continuation of this service.
“This is despite strong and appreciated support from Cork Airport and business organisations in the region, in addition to a significant investment in marketing of the route.”
The airline said it is firmly committed to operating its new summer routes from Cork to La Rochelle and Nantes and its charter series to Menorca.
It added that it will be in touch with any affected passengers, who can avail a full refund.
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