Air Transport World

CTA buys MD-87s for fleet renewal. (Compagnie de Transport Aerien)

CTA buys MD-87s for fleet renewal Geneva--CTA (Compagnie de Transport Aerien), one of the few remaining Caravelle operators, has been increasingly contributing to the Swissair group's profitability since 1980. CTA was started in November 1978 with a fleet of three ex-SATA Caravelle 10Rs and a staff of 116. Swissair acquired 75% of CTA shares when it was formed to take over the assets of the bankrupt Geneva-based charter operator SATA. The remaining 43% of the shares were bought by French-speaking Swiss cantons. Swissair already had 57% interest in another Swiss charter company located in Basle called Balair. However it was not considered optically expedient to leave French-speaking Switzerland without its own charter complany--hence the decision to set up CTA. …

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