Switzerland's Darwin finalises acquisition of Baboo

This story is sourced from Pro
See more Pro news »

Swiss regional carrier Darwin Airline has finalised its acquisition of Geneva-based Baboo, and will take over the operation of Baboo's routes from 1 April.

Darwin announced in November that it planned to take over Baboo's services and assets and consolidate the two carriers.

The acquisition will enable Darwin to enter "a phase of considerable expansion", says the carrier. It will also boost annual revenues by between SFr40 million ($42.5 million) and SFr70 million, it adds.

The combined carrier will operate from Darwin's Lugano headquarters and Baboo's Geneva base. Its fleet will consist of six Saab 2000s and two Bombardier Q400s.

Darwin says it will operate flights under both brand names "during the first few months". The carrier could not immediately be reached to comment on whether the Baboo brand will eventually be dissolved.