Andrew Swaffield was speaking at an airline industry event and his comments follow weeks of speculation about the company’s future.
"We’ve got our eyes open on potential acquisitions that we might be able to make ourselves with Greybull’s support and we haven’t denied the fact that there has been interest in us from potential acquirers," he said, according to news agency Reuters.
"But the ’for sale’ sign is not up and as far as we’re concerned our focus is on delivering a successful and sustainable profitable business."