Formerly a subsidiary of Air France-KLM S.A., CityJet is an Irish-headquartered regional airline with its main hub at London City Airport. CityJet services more than 30 destinations across Europe. In Apr-2014, CityJet and its subsidary VLM were acquired by the German company, INTRO Aviation. The company plans for CityJet to continue to grow services from London City to European destinations and maintain services on wet lease. Intro's stake in VLM Airlines was divested to the carrier's management in Nov-2014. In 2016, Founder Pat Byrne and a group of private investors acquired the carrier from INTRO Aviation.
On 24-Jul-2019, European Commission approved the creation of a JV between Fortress Investment Group and Air Investment Valencia, combining the activities of CityJet and Air Nostrum. The activities of CityJet and Air Nostrum overlap in the provision of wet leasing services to airlines and charter flights.
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