[11] From early April 2020 until late May 2020, BRA suspended all flights in response to a sharp decrease in demand due to the COVID-19 Pandemic, and the Swedish Government and Public Health Agency's recommendation that people not travel around the country.

[14][15] On October 15, 2021, Swedish pension fund AMF announced a SEK 200 million investment in Braathens Regional Airlines, securing a 19% stake in the company.

The restructuring plan, approved by creditors and the Solna District Court in February 2024, included a SEK 114 million investment from existing shareholders.

[18] During this period, BRA focused on three main areas: domestic flights within Sweden, charter services, and ACMI (Aircraft, Crew, Maintenance, and Insurance) agreements.

The airline also obtained a second Air Operator Certificate (AOC) for the newly formed Braathens International Airways, which focuses on charter flights.

BRA planned to lay off approximately 70 employees in ground services and administrative roles while simultaneously recruiting around 100 new pilots and cabin crew to support its new operations at Arlanda.