The story
During the period 2001 - 2002, the Euroceltic management team made many ambitious plans for expansion. These plans included either merging with or taking over Danish airline NewAir, creating new routes from Waterford Airport to other parts of Europe, and even a multimillion-pound investment at Waterford Airport.
However, Euroceltic struggled to find a niche in the European airline market. The downturn in the airline market as a result of the 9/11 terrorist attacks in the United States only made things worse.
From Wikipedia’s article on Euroceltic Airways, shared under CC BY-SA 4.0.3