NextJet (Stockholm Arlanda) will resume flight operations later this month, new owner Swedish firm Olsen Group has announced.

In a statement, the firm said its Norwegian parent, Olsen Gruppen AS, had entered into a purchase agreement with NextJet AB and NextJet Sverige AB's bankruptcy administrators. Olsen Gruppen AS is active in the fish industry. According to NextJet administrator, Lars-Henrik Andersson, the company is financially robust and will bring sufficient funding to the airline.

Olsen Group is expected to take office in the coming days and will prepare the carrier to resume flight operations.

The airline will prioritize the Mariehamn (Aland Islands) to Stockholm Arlanda route which will be managed by subcontracted operators given the airline must reacquire its own Operating Licence and AOC. Thereafter, more of NextJet's original route network will resume.

The move comes after the Åland Regional Government announced on May 31 that it had signed an air transport agreement with DAT - Danish Air Transport (Kolding) for the resumption of flights between Mariehamn and Stockholm which have been vacant since NextJet's entry into bankruptcy on May 16.

A statement said the existing air transport agreement has since been transferred to the name of the new company effective June 1, 2018. According to the provincial government, the flights will resume on June 11, 2018, under the Air Scandic (Åland Islands) brand name.