It has already been forced to temporarily lay off most of its 1,200 staff, and its planned merger with Spanish airline Air Nostrum has been put on ice. Now, CityJet has asked the High Court for bankruptcy protection from its creditors. With its fleet grounded amid the Covid-19 travel restrictions, the Irish airline has been scrambling to work out its options in recent weeks. Proposals were devised by Deloitte and then dispatched in recent days to its private equity backer, Fortress. The finance house approved a strategy for examinership. The application has just been made in the Irish courts, with…

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