News Listings for Air Atlanta Europe

  • McTighe: Turning Arik Air into Nigeria’s largest carrier

    News | 23 Apr 2007 09:36 | Brendan Sobie

    <P><STRONG>When Mike McTighe received a call from a head hunter in early 2006 asking him if he was interested in working for a Nigerian start-up, he hesitated. McTighe recalls looking up Nigeria on and and his first thoughts were “no way”.</STRONG></P> <P>“But then I met the principal and was impressed with his vision on what he was doing for Nigerian aviation,” says McTighe, who served as Arik’s chief operating officer for seven months before becoming managing director shortly after its October 2006 launch. “Nigeria is not nearly as bad as what you read.”</P> <P><IMG style="PADDING-RIGHT: 10px; FLOAT: left; PADDING-BOTTOM: 10px; OVERFLOW: auto; WIDTH: 200px; HEIGHT: 316px" alt="" src="../assets/getAsset.aspx?ItemID=17332" border=0>Just over a year later, McTighe has successfully led Arik Air through the start-up phase and is now leading the carrier through a period of ambitious expansion. In this quarter alone, Arik’s fleet will swell from eight to 16 aircraft, which
  • Focus Iceland: Northern raiders

    News | 23 Jan 2006 00:00

    A small island in the North Atlantic does not immediately spring to mind as a hotbed of aggressive investment policies and strategic forays into foreign lands, yet Iceland has an abundance of both
  • Summer growth

    News | 31 May 2005 23:00

    Capacity on the North Atlantic is up for a second consecutive year, but with expansion this summer focusing away from hub-to-hub service
  • Iceland’s overseas push

    News | 31 May 2005 23:00

    Icelandair’s parent company has branched into aircraft leasing as part of a new investment strategy, while the wider Icelandic aviation community is beginning an acquisition drive.
  • Wet-lease haven

    News | 10 Feb 2004 00:00

    <p>GRAHAM WARWICK / REKJAVIK</p> <p>Even for an island nation that is dependent on air transport for links to the rest of the world, Iceland has a disproportionate number of commercial aircraft on its registry - more than 50 for a population of less than 300,000. The reason is Iceland's emergence as a global centre for wet leasing.</p> <p>The growth in the Icelandic-registered fleet since the formation of passenger and freight charter specialist Air Atlanta Icelandic in 1989 has not been accompanied by similar growth in the island's aviation industry. The majority of the wet-leased aircraft operate elsewhere in the world and most of the crews are not locals. </p> <p>Only 300 of Air Atlanta's 500-1,000 employees, depending on season, are Icelandic citizens. This has led to calls for Iceland to invest more in training. "Our aviation students are decreasing as the fleet increases," says Gisli Baldur Gardarsson, chairman of the Icelandic aviation board.</p> <p>Air Atlanta has a fleet o
  • Hidden lift

    News | 01 Jan 2004 00:00

    <p>Already the world's leading passenger wetlease operator, Air Atlanta is moving into cargo</p> <p>Air Atlanta Icelandic may not be the industry's best-known brand, but it is certainly becoming more visible to residents of its home base in Reykjavik. The blue logo of Iceland's tenth largest company now shines out from the top of an office building on the outskirts of the city. It may only occupy the top three floors, but the logo is a visible sign of how Air Atlanta is going up in the world. </p> <p>Before moving its 150 headquarters staff to the new building in October, it operated from much more modest premises in the village near Iceland's capital, where it was founded in 1986 by Capt Arngriumur Johannsson and his wife Thora Gudmundsdottir.</p> <p>Since then, Air Altanta has grown into the world's largest wetlease operation for passenger services. And it is now making substantial inroads into the cargo market. The fleet includes 17 Boeing 747s (two -200s, two -300s and seven -20