A start-up airline which planned to link islands in the South Pacific region has announced that it will no longer launch operations.
Fly CORALway had ambitions to operate between French Polynesia, Wallis and Futuna, New Caledonia, Samoa and Fiji.
In a statement on December 30, 2023, the start-up airline cited a lack of funding as the reason why the company could no longer realize its dream.
“I regret to announce that at the end of this year 2023 it has been decided to put an end to the aerial start-up project FLY CORALway,” a representative for Fly CORALway said.
According to the company, before the COVID-19 pandemic the conditions for the airline launch were all set but changing dynamics had made the project “unfeasible”.
“I thank you All for your support during the last months and hope that informed Investors will be able to accompany a SOUTH PACIFIC region in its aerial development, to facilitate island exchanges and movements,” the statement said.
The airline had been previously called Air Corail and WF Aviation and was granted an operating license in 2020.
The French Polynesian-based airline had rescheduled its launch date several times before finally announcing the project would no longer proceed.