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 07.29.14/Oshkosh Day 2! ** HD iPad-Friendly Version--Airborne 07.29.14/Oshkosh Day 2 **
** Airborne 07.28.14/Oshkosh Day 1! ** HD iPad-Friendly Version--Airborne 07.28.14/Oshkosh Day 1 **

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 07.25.14: Global Flight Tragedy, Blue Angel Update, GA's Next Big Thing

Also: Eve Of Oshkosh, WomenVenture, Garmin Flight Stream, AEA Pilot's Guide The father-son duo of Babar Suleman and 17-year-old Haris Suleman of Plainfield Indiana had planned thei>[...]

IMC CLubs Leads The Way To OSH14 Special Event Coverage

IMC Clubs: Building Instrument Proficiency Through Community When it comes to flying, there is no substitute for proficiency and training. And maybe nowhere is that more important >[...]

Electrifying OSH2014 Sponsor: Concorde Batteries

Concorde Charges Up Our Oshkosh 2014 Coverage! Concorde Battery Corporation has been in the battery manufacturing business for over 30 years and is the world leader in Valve Regula>[...]

Innovative OSH14 Sponsor, iFlightPlanner, Provides Expert Guidance

What is iFlightPlanner? iFlightPlanner is general aviation’s most comprehensive suite of easy-to-use flight planning tools for private and corporate pilots. Featuring iFlight>[...]

OSH2014 Sponsor: Eclipse Aerospace -- In Full Production!

The Eclipse 550: Economical. Efficient. Incredible. The Eclipse 550 not only has the lowest acquisition cost of any twin-engine jet on the planet, it also has the lowest operating >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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