newstodate.aero
Nov 24, 2005 (newstodate): By November 28, the now defunct airline SWE FLY's creditors will have to repond to the offer of payment by 10 percent of their accounts.
If this is accepted, and if the Swedish authorities allow the carrier to retain its AOC, and if the Swedish and Indian authorities grant the carrier traffic rights, Indian lcc SpiceJet is ready to inject one million USD into a joint-venture with SWE FLY.
Plans are for this JV to start operations on routes between UK and India via Stockholm, between New York and India via Stockholm, and between Toronto and India via Stockholm.
If this is accepted, and if the Swedish authorities allow the carrier to retain its AOC, and if the Swedish and Indian authorities grant the carrier traffic rights, Indian lcc SpiceJet is ready to inject one million USD into a joint-venture with SWE FLY.
Plans are for this JV to start operations on routes between UK and India via Stockholm, between New York and India via Stockholm, and between Toronto and India via Stockholm.