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The Russian low cost carrier which was a joint venture between majority shareholder, Russian investment firm Alfa-1 and US investment fund Indigo Partners, ceased operations at one minute past midnight on 10 October 2011, after Indigo Partners announced that it was freezing all funding for the carrier...
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Rosaviatsiya, the Russian civil aviation authority revoked the operating license of Kavminvodyavia, better known as KMV, on 1 October 2011, citing the airline's failure to address concerns raised in August 2011 around the carrier's financial and economic status. KMV was the largest airline in...
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The Plymouth based low cost carrier, which had launched services by taking over the former British Airways routes from Plymouth and Newquay to London Gatwick in October 2003, compeleted its planned closedown on 30 September 2011. The carrier's last three Bombardier DHC-8-300 turboprops were transferred...
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Russia's Federal Agency for Air Transportation (Rosaviatsia) revoked the license of Moscow Vnukovo based Air Company Continent on 29 July 2011. Rosaviatsia acted after the carrier found itself on the brink of bankruptcy, apparently due to a multi-million-rouble debt, created when its Director-General...
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The Federal Aviation Administration (FAA) has revoked the Air Operator's Certificate (AOC) of Fort Lauderdale-based Bimini Island Air. The airline, which was licensed only as a Part 135 (nine seats or less) on-demand charter operator, was found to have advertised and operated fifteen scheduled flights...
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UK regional carrier Air Southwest, which operates from Plymouth and Newquay, is to close on 30 September 2011. In April 2011, the airline's former owner, Sutton Harbour Holdings , which also leases and runs Plymouth airport, announced the airport's closure at the end of 2011. The airport, which...
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Following the loss of a NOAR Linhas Aereas LET L-410, and all onboard, in a crash near Recife on 13 July 2011, the Brazilian civil aviation authority (ANAC) indefinitely suspended the airline's AOC on 18 July 2011, citing irregularities in the airline's aircraft and maintenance documentation...