Air Transport World

Avion Group: its division)(Brief article)

The Icelandic investment company, best known for its ACMI provider Air Atlanta Icelandic, focused on expanding its Charter & Leisure Division that already included Excel Airways Group. In February it acquired the entire issued share capital of French charter carrier Star Airlines from Franco-Egyptian businessman Raymond Lakah. Star transported some 900,000 passengers in 2005 aboard a fleet of four A320s and two A330-200s and reported revenues of [euro]173 million ($207 million). …

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