Gestair Cargo (Madrid) has rebranded back to its original name of Cygnus Air Corporacion.
The airline is currently owned by the Macholfam International (Grupo Gestair) (60%) and IMES (Grupo ACS) (40%) according to Wikipedia.
Top Copyright Photo: Ole Simon/AirlinersGallery.com. This Gestair Cargo color scheme and name was introduced in 2008.
Bottom Copyright Photo: Gunter Mayer. Now ex-Iberia Boeing 757-236 EC-KLD (msn 24121), pictured at Nuremberg at night, is wearing the basic Gestair livery now with Cygnus Air Corporacion titles and the new (old) tail logo.