Tag Archives: Boeing 737-401

iAero Group to acquire Swift Air (USA)

Swift Air (2nd) (USA) Boeing 737-401 N420US (msn 23988) BWI (Tony Storck). Image: 939056.

iAero Group (Miami), a leading integrated aviation business, has signed a definitive agreement to purchase Swift Air (USA), the leading independent US airline charter business.

The transaction is subject to regulatory approvals and is expected to close in Q1, 2019.  With the pending acquisition of Swift Air, iAero Group will add to its portfolio of aviation businesses acquired since its inception earlier this year including the leading engine MRO and leasing company, AeroThrust and airframe MRO AeroTech.  iAero Group is headquartered in Miami along with its MRO service businesses on a campus with more than 350,000 square feet of office and MRO space at Miami International Airport.

“Bringing Swift Air into the iAero Group creates an integrated aviation services platform and will enable the airline to leverage our capabilities to further their already exemplary customer service and impeccable safety record through access to our high quality, efficient, stateside maintenance services,” says iAero Group Chief Executive Officer, Robert Caputo.  “In addition, with our aircraft acquisition capabilities in our engine and airframe leasing division we have developed a pipeline of assets that will allow Swift Air to meet its customers growth needs in a manner that is unmatched in the industry.”

Jeff Conry will remain as the leader of Swift Air as its CEO.  Jeff brings over thirty years of airline management experience and will be a welcomed addition to the iAero Group management team.

Top Copyright Photo (all others by Swift Air): Swift Air (2nd) (USA) Boeing 737-401 N420US (msn 23988) BWI (Tony Storck). Image: 939056.

Swift Air aircraft slide show:

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European Commission updates the EU Air Safety List, Avior Airlines is added

Avior Airlines Boeing 737-401 YV3158 (msn 23984) MIA (Jay Selman). Image: 403408.

On November 30, 2017 the European Commission updated the EU Air Safety List, the list of non-European airlines that do not meet international safety standards, and are therefore subject to an operating ban or operational restrictions within the European Union.

The EU Air Safety List seeks to ensure the highest level of air safety for European citizens, which is a top priority of the Commission’s Aviation Strategy. With this update, one airline, Avior Airlines (Venezuela), is added to the list, while two others – Mustique Airways (St. Vincent and the Grenadines) and Urga (Ukraine) – are removed following safety improvements.

Commissioner for Transport Violeta Bulc said: “Our objective is to offer the highest level of safety in European skies. The EU’s Air Safety List remains one of our most effective tools to achieve this. Today we are showing that with our help, airlines can be quickly removed from the list when they tackle their safety issues. Work pays off and I hope that the example of Mustique Airways and Urga will inspire others.”

Avior Airlines (certified in Venezuela) is added to the list due to unaddressed safety deficiencies that were detected by the European Aviation Safety Agency during the assessment for a third country operator authorisation (TCO)[1]. On the contrary, Mustique Airways and Aviation Company Urga – which are respectively certified in St. Vincent and the Grenadines and Ukraine – made safety improvements since their inclusion to the Air Safety List in May 2017. This allows them to be today removed from the list.

The EU Air Safety List not only helps to maintain high levels of safety in the EU, but it also helps affected airlines and countries to improve their levels of safety, in order for them to eventually be taken off the list. In addition, the EU Air Safety List has become a major preventive tool, as it motivates countries with safety problems to act upon them before a ban under the EU Air Safety List would become necessary.

With this update, a total of 178 airlines are banned from EU skies:

  • 172 airlines certified in 16 states[2], due to a lack of safety oversight by the aviation authorities from these states.
  • Six individual airlines, based on safety concerns with regard to these airlines themselves: Avior Airlines (Venezuela), Iran Aseman Airlines (Iran), Iraqi Airways (Iraq), Blue Wing Airlines (Suriname), Med-View Airlines (Nigeria) and Air Zimbabwe (Zimbabwe).

An additional six airlines are subject to operational restrictions and can only fly to the EU with specific aircraft types: Afrijet and Nouvelle Air Affaires SN2AG (Gabon), Air Koryo (Democratic People’s Republic of Korea), Air Service Comores (the Comoros), Iran Air (Iran) and TAAG Angola Airlines (Angola).

Background information

This update of the Air Safety List is based on the unanimous opinion of the aviation safety experts from the Member States who met from 13 to 15 November within the EU Air Safety Committee (ASC). This Committee is chaired by the European Commission with the support of the European Aviation Safety Agency (EASA). The update equally got the support from the European Parliament’s Transport Committee. Assessment is made against international safety standards, and notably the standards promulgated by the International Civil Aviation Organisation (ICAO).

The Commission is constantly looking at ways to improve air safety. One such way is to work with aviation authorities worldwide to raise global safety standards. With this in mind, EASA is therefore implementing technical cooperation projects with partner countries and regions. An example is the “Improving air transport in Central Africa” (ATA-AC) project, where EASA works with a number of African states on several aspects of aviation safety.

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Copyright Photo: Avior Airlines has been added to the list. Avior Airlines Boeing 737-401 YV3158 (msn 23984) MIA (Jay Selman). Image: 403408.