The chief executive of collapsed Cork based airline Jetmagic has said that new investor interest may revive the airline.
Jetmagic owes about €3.5m to creditors but could be flying again within three months if new interest materialises funding.
Jetmagic ceased trading just three weeks ago leaving 400 of its passengers stranded in Europe and owing nearly €4m to creditors.
The Irish Times reports that Jetmagic chief Barry Perrott said: 'Since we've suspended trading, and technically we have not entered liquidation at the moment - we have suspended operations, there have been several new interests expressed but each of them will take time to work with.'
Perrott said he was hopeful, not confident, of the company's chances.
