Cypriot Airline Ajet Plans To Fold Next Year | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 08.25.14 ** HD iPad-Friendly -- Airborne 08.25.14 **
** Airborne 08.22.14 ** HD iPad-Friendly -- Airborne 08.22.14 **
** Airborne 08.20.14 ** HD iPad-Friendly -- Airborne 08.20.14 **

Wed, Nov 01, 2006

Cypriot Airline Ajet Plans To Fold Next Year

Name Change Didn't Help After Fatal Accident

The airline whose unpressurized 737 crashed last year in Greece, killing 121, is going out of business.

Ajet -- the new name given Cyprus-based airline Helios Airways after the accident -- had been struggling ever since to recover its reputation and revenues.

The pilots of that ill-fated Boeing 737-300 failed to notice their aircraft was not being pressurized correctly as the plane climbed to altitude. Greek accident investigators found them mainly to blame, along with lax maintenance procedures on the ground, and even tweaked Boeing for "ineffective measures in response to previous reports of pressurization problems."

The plane flew several hours on autopilot, with the flight crew incapacitated, until it ran out of fuel and crashed in the Greek countryside.

As Aero-News has reported, the European Union has been threatening to revoke landing rights for all Cyprus-based commercial flights because of what they consider an inadequate aviation infrastructure and lax controls on aviation safety.

The holding company for Ajet, Libra Holidays, has decided to pull the plug on that troubled airline and flights will end within three months. It will decide at later date how to offload the two leased 737s in the fleet. The company will still remain a legal entity to deal with financial claims stemming from the accident.

FMI: www.ajet.com

Advertisement

More News

Airborne 08.25.14: SpaceX Setback, AMA Fights FAA, Redbird Migration 2014

Also: Copperstate Fly-In, No-Fly List Changes, Volcano Alert, Inhofe Campaigns In RV-8 In an initial report, ANN space correspondent, Wes Oleszewski, said that on the evening of Au>[...]

Aero-TV: In The Nick Of Time? - A NextGen GA Fund Update

The GA World Needs All The Help It Can Get... IF It Can Get It A hot topic at EAA AirVenture 2014 was the subject of the FAA requirement to be ADS-B equipped by January 1, 2020. In>[...]

ANN's Daily Aero-Linx (08.27.14)

International Republic Seabee Owner's Club (IRSOC) A website dedicated to the Seabee seaplane. You can find information about the airplanes and events, and talk to other Seabee ent>[...]

ANN's Daily Aero-Term (08.27.14): GPS Approach Overlay Program

An authorization for pilots to use GPS avionics under IFR for flying designated existing nonprecision instrument approach procedures, with the exception of LOC, LDA, and SDF proced>[...]

Aero-News: Quote Of The Day (08.27.14)

“We are grateful to Bruce for his years of unparalleled dedication to general aviation, and are delighted that he has agreed to continue on as our senior safety advisor.&rdqu>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC