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Ireland's CityJet confirms Cimber purchase from SAS

CityJet (WX, Dublin Int'l) has acquired Danish production company Cimber (QA, Sønderborg) from parent SAS Scandinavian Airlines (SK, Copenhagen Kastrup) as part of the Scandinavian carrier's push to reduce costs by simplifying its fleet operations.

SAS said in a statement that the transaction, whose value was not disclosed, is set to close on January 31.

"The divestment of Cimber is in line ...

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ch-aviation interview: Kresimir Kucko, CEO Croatia Airlines
ch-aviation interview: Kresimir Kucko, CEO Croatia Airlines

Following the break-up of Yugoslavia and the independence of Croatia, 1989-founded cargo operator “Zagal” was rebranded as Croatia Airlines in 1990. It commenced passenger services one year later with a single MD-82 leased from Adria Airways. Due to the still ongoing war, the newborn national carrier had to suspend its operations for a brief period in 1992, but returned with a fleet of three Bo...

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