Helios Airways was acquired by UK tour operator Libra Holidays in 2004; Libra Holidays was at that time also holding a 30 percent stake in Excel Airways (JN/London Gatwick); Helios operated scheduled- and charter services, using a fleet of two B737-800s and a B737-300.
Helios Airways gave up its routes from Larnaca to Athens, Heraklion and Thessaloniki in early November 2004. It continued to offer codeshare flights through its partner Aegean Airlines.
In August 2005 Helios Airways temporarily grounded its two B737-800s after the crash of its single B737-300 in Athens, earlier that month.
As result of the tragic crash and damaged reputation, Helios Airways changes its name to aJet Airways; scheduled services were dropped and Ajet became an all-charter operator.
Ajet Airways ceased operations before 2006 ended.
The fleetlist of Helios Airways consisted of Boeing 737-31S 5B-DBY -crashed-, Boeing 737-86N 5B-DBH and 5B-DBI.Source: