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Another Blow For Air-Taxi Industry: SATSair Shutting Down

Promising Air Taxi Operation Calls It Quits

Information is sketchy at this moment but ANN has learned that SATSair, thought to be a potential model for future inter-city air taxi networks, shut down operations just a few hours ago.

Flying a fleet of SR22 single engine piston aircraft SATSair looked, to many, to be a survivor in the increasingly turbulent and unforgiving air-taxi industry - an industry whose high-profile failures have accelerated in the wake of a failing economy and negative public attention by Washington, the media and clientele increasingly shy about using non-airline travel alternatives.

SATSair offered "regional point-to-point air transportation that is safe, convenient and cost effective. Aircraft are pre-positioned strategically throughout the service area, allowing customers to board a ATSair aircraft and depart with little notice. SATSair eliminates the frustrations of crowded airline terminals, long security lines and lengthy connections. In addition, SATSair utilizes numerous airports that the airlines don't, making it exceptionally convenient for rural destinations and multiple-stop itineraries."

Based in Greenville, SC, SATSair rates varied from $550 to $655 per flight hour and appeared to be making market headway prior to the economic downturn. The company was seen as one of the few viable models for modern small air-taxi operations after the demise of Florida based DayJet in 2008. ANN will have more info as soon as company officials make themselves available for comment...

FMI: www.satsair.com

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