of Man-based regional carrier Euromanx has been
acquired by a group of private investors headed by aviation entrepreneur Warren
Seymour, presently the chief of executive jet operator Club328.
Euromanx was fully-owned by founder Alan Keen and his wife
but was taken over by Seymour and a team of private investors for an
undisclosed sum on 9 September.
airline, which was established just over two years ago, offers regional links between
the Isle of Man and Dublin,
and London Stansted. It operates a fleet of four
leased aircraft, comprising two Raytheon Beech 1900Ds and a pair of ATR 42s.
Euromanx chairman Alan Keen says: “Our new ownership puts
us on a solid financial footing to further develop our business and it also
secures the position of our dedicated employees.”
who led the acquisition, heads Southampton-based Club328
– previously known as Bookajet. He was formerly involved with Australian
regional carrier National Jet Systems (NJS) and now-defunct British Airways franchise
airline National Jet Italia (NJI).
says: “We were attracted to Euromanx because it is a
well-run niche operation which fits our business strategy. We look forward to
consolidating its position as a leading operator in the Isle of Man
and, at the same time, looking at fresh opportunities.”
company will be totally autonomous from Club328, although Seymour
will provide operational support for Euromanx,
working alongside the carrier’s existing management team.
Euromanx employs a 70-strong workforce and carries around
16,000 passengers per month.