Livingston Compagnia Aerea (2nd) (New Livingston) (Milan-Malpensa) will cease operations on July 14 after the ENAC announced the revocation of its Air Operators Certificate (AOC). The airline is guaranteeing its flights until then and is also appealing the decision.
On June 25 the airline issued this statement:
New Livingston has filed a petition with the Court of Busto Arsizio for the admission to the settlement with creditors procedure pursuant to article 161, paragraph 6 of the Italian Bankruptcy Law (so called “concordato preventivo”).
New Livingston resolved to apply for the above mentioned instrument, in order to overcome a temporary financial crisis ascribable to, inter alia, the bankruptcy of Aeradria S.p.A., significant delays in collecting certain credits and the recent revocation of the PSO route Alghero – Roma Fiumicino and vice versa (in connection with such measure, a claim against Regione Autonoma della Sardegna is still in progress). The above, in compliance with the so-called “par condicio creditorum”.
New Livingston has already provided to ENAC the documentation needed in order to immediately obtain the revocation of the suspension measure of its carries license starting from 00:01 of July 14, 2014 or the issuance of a provisional carrier license, on the basis of article 9, paragraph 1, of the Regulation (EC) No. 1008/2008 and paragraph 4.6 of the Circular ENAC EAL-16 of 27 February 2008.
New Livingston will continue its full operation of scheduled connections guaranteeing its high standards of quality and safety.
The second version of Livingston started operations on March 31, 2012.
Previously on December 15, 2011 Riccardo Toto bought the assets of defunct Livingston Energy Flight (1st) from the company in receivership. The name “Livingston” was reborn. The airline is privately held.
The company currently operates three Airbus A320s and the main route is from Rome to Alghero, Sardinia.
Copyright Photo: Ton Jochems/AirlinersGallery.com. Airbus A320-232 EI-ERH (msn 2157) holds short of the runway at Palma de Mallorca (PMI).