7 JUNE 2010
BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.
The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
info@btnews.co.uk
© 2022 Business Travel News Ltd.
CITY AIRLINE, based in Gothenburg, is to be sold to four members of its management team lead by current Managing Director Jimmie Bergqvist. Behind the buyout is a decision by the airline’s owner, 77-year-old Lars Magnusson, to shelve expansion plans including a number of new routes from Gothenburg Landvetter Airport during the autumn of 2010. The airline flies within Scandinavia and Northern Europe, and to Birmingham and Manchester in the United Kingdom. Mr Magnusson says that the problems associated with the Iceland volcano have put unprecedented strains on all airlines both in management and financial terms. He felt it was time to retire but will remain in an advisory capacity. www.cityairline.com
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum