Avion / Air Atlanta goes German
Thread Starter
Join Date: Oct 1999
Location: Surrey
Posts: 132
Likes: 0
Received 0 Likes
on
0 Posts
Avion / Air Atlanta goes German
Avion Group hf is pleased to announce that it is in the final discussions on establishing an aircraft operating certificate (“AOC”) in Germany. This will strengthen the Charter & Leisure division of Avion Group outside the UK. Process is due to be finalised by end of March.
The Charter & Leisure division’s operations involve charter flights, seat provision and general travel services. Operating an AOC in Germany will provide greater critical mass with improved synergies and more diversified utilization of the Group’s aircraft fleet.
Two Airbus 320 aircraft are planned to be in operation in the region in Summer 2006, with plans for additional aircraft over time. Planned destinations will be Eastern and Southern Europe and the Middle East.
To aid in this process, Avion Group has entered into an agreement to purchase assets from the now defunct German carrier Aero Flight GmbH & Co. Luftverkehrs-KG. The agreement is subject to a number of approvals which are to be finalised by end of March.
The operation in Germany will not have a material effect on Avion Group’s current operation, with an estimated increase in turnover of 30 million euros expected this year. Avion Group has planned to spend 10 million euros in establishing and growing the operation in Germany in 2006.
Ómar Benediktsson, former CEO of Air Atlanta Icelandic, will manage operations in Germany at the beginning.
The Charter & Leisure division’s operations involve charter flights, seat provision and general travel services. Operating an AOC in Germany will provide greater critical mass with improved synergies and more diversified utilization of the Group’s aircraft fleet.
Two Airbus 320 aircraft are planned to be in operation in the region in Summer 2006, with plans for additional aircraft over time. Planned destinations will be Eastern and Southern Europe and the Middle East.
To aid in this process, Avion Group has entered into an agreement to purchase assets from the now defunct German carrier Aero Flight GmbH & Co. Luftverkehrs-KG. The agreement is subject to a number of approvals which are to be finalised by end of March.
The operation in Germany will not have a material effect on Avion Group’s current operation, with an estimated increase in turnover of 30 million euros expected this year. Avion Group has planned to spend 10 million euros in establishing and growing the operation in Germany in 2006.
Ómar Benediktsson, former CEO of Air Atlanta Icelandic, will manage operations in Germany at the beginning.
Join Date: Jan 2006
Location: USA
Posts: 29
Likes: 0
Received 0 Likes
on
0 Posts
hey fellows, anybody knows when & if they will ever resume recruitment on 74's? I'd be interested...aoc in Germany means good planning and pockets full of cash, right? 
Last edited by leveledoff 450; 2nd Feb 2006 at 17:16.
Join Date: Mar 2005
Location: europe/usa
Posts: 21
Likes: 0
Received 0 Likes
on
0 Posts
Hi
HI leveledoff 450, wondering same thing since a year ago. But I believe that we all have to trust the person in charge of recruitment and be patient; they're always very busy up there. I've been told he's a good person & he sounds like it on the phone. I beleive that soon or later we'll join that company. Hope to see you soon. Good luck
Last edited by pilotlear; 6th Feb 2006 at 12:43.
Join Date: Jan 2006
Location: USA
Posts: 29
Likes: 0
Received 0 Likes
on
0 Posts
Insolvency in November 2005
Aero Flight to hand over core business to Icelandic Avion Group FRANKFURT (AFX) - German passenger airline AERO FLIGHT GmbH & Co Luftverkehrs-KG is to hand over its core business to transport company Icelandic Avion Group, said company sources, cited on Handelsblatt's web site.
The Icelandic company is acquiring Aero flight with a view to expanding its business in Germany. It plans to resume services of at least 2 of the German airline's Airbus (Paris: NL0000235190 - news) aircraft in summer 2006.
Aero Flight filed for insolvency in November 2005 when it was refused an operating licence because of a lack of financial security. Aero Flight confirmed in a press conference that the insolvency is now in its final stages, said Handelsblatt.
Further details of the acquisition are to be disclosed in a company meeting today...it was jan 26th...
The Icelandic company is acquiring Aero flight with a view to expanding its business in Germany. It plans to resume services of at least 2 of the German airline's Airbus (Paris: NL0000235190 - news) aircraft in summer 2006.
Aero Flight filed for insolvency in November 2005 when it was refused an operating licence because of a lack of financial security. Aero Flight confirmed in a press conference that the insolvency is now in its final stages, said Handelsblatt.
Further details of the acquisition are to be disclosed in a company meeting today...it was jan 26th...
Join Date: Mar 2005
Location: europe/usa
Posts: 21
Likes: 0
Received 0 Likes
on
0 Posts
..and the bomb exploted..!
....hei leveled off 450!!! You better fly lower than that! I'd say below QFE! Go for a walk on
http://www.pprune.org/forums/showthread.php?t=209608
...and let me know!!!!!!!
: The little hope we had left to join AAI is definetelly gone !!!!!!!!!! 
http://www.pprune.org/forums/showthread.php?t=209608
...and let me know!!!!!!!
: The little hope we had left to join AAI is definetelly gone !!!!!!!!!!
