BRA Sverige AB, trading as Braathens Regional Airlines, often shortended to BRA(Swedish for "Good"), is a Swedish virtual airline headquartered in Stockholm, Sweden, with its main operational base at Stockholm Bromma Airport.
In September 2024 Braathens Regional Airlines announced that it would discontinue its regular flight services and cease operations at Bromma Airport, and move to operating wet lease flights for Scandinavian Airlines from Stockholm Arlanda.[4][5]
History
Predecessors and Formation
In 2007, Braganza formed Braathens Aviation as a holding company for its aviation ventures in Sweden, including Malmö Aviation.[6] By 2012, Braganza acquired Golden Air, a regional airline in Sweden, which was subsequently rebranded as Braathens Regional Airlines in 2013. The consolidation continued with Braganza’s acquisition of approximately 80% of Sverigeflyg in 2011. Full ownership was achieved by 2013, integrating Sverigeflyg’s routes into the Braathens network.[7][8]
In February 2016, Braathens Regional Airlines was officially established following the merger of Malmö Aviation and Sverigeflyg.[9]
COVID-19 Pandemic
From early April 2020 until late May 2020, BRA suspended all flights in response to a sharp decrease in demand due to the COVID-19 Pandemic, and the Swedish Government and Public Health Agency's recommendation that people not travel around the country.[10] BRA filed in court for a debt restructuring on 6 April 2020.[11] BRA relaunched limited charter operations on October 1, 2020, and then resumed scheduled domestic operations later in the final quarter of 2020.[12][13]
Investment and Restructuring
On October 15, 2021, Swedish pension fund AMF announced a SEK 200 million investment in Braathens Regional Airlines, securing a 19% stake in the company.[14]
Between 2022 and 2024, BRA undertook significant restructuring efforts to address financial and operational challenges.[15] In October 2023, BRA applied for creditor protection in Sweden for seven of its thirteen affiliated companies. The restructuring plan, approved by creditors and the Solna District Court in February 2024, included a SEK 114 million investment from existing shareholders.[16] During this period, BRA focused on three main areas: domestic flights within Sweden, charter services, and ACMI (Aircraft, Crew, Maintenance, and Insurance) agreements. The airline also obtained a second Air Operator Certificate (AOC) for the newly formed Braathens International Airways, which focuses on charter flights.[17]
Move to Arlanda Airport and Shift to Contract Flights
Braathens Regional Airlines announced in September 2024 that it would discontinue its regular flight services and shift its operations to wet-lease flights under a new seven-year contract with SAS, valued at 6 billion kronor. As part of this transition, the airline will cease operations at Bromma Airport and move its services to Stockholm Arlanda Airport.[18] BRA stated that this decision was in response to a decline in domestic air travel since the COVID-19 pandemic. BRA plans to lay off approximately 70 employees in ground services and administrative roles while simultaneously recruiting around 100 new pilots and cabin crew to support its new operations at Arlanda.[19] The Stockholm Chamber of Commerce indicated that BRA's departure could result in the loss of approximately 90% of Bromma's air traffic, raising concerns about the Bromma Airport's potential closure.[20]
Destinations
All of BRA's routes will cease to operate by 31 December 2024. The following destinations were marketed by BRA as of September 2022:[21]
