newstodate.aero
AUG 01, 2005 (newstodate): The Icelandic transport solutions group Avion has bought into the US charter airline Casino Express Airline.
Avion has taken 19 percent of the shares in the US airline through a joint management buy-out.
Casino Express Airline operates some 40 flights per month, bringing 60,000 annual passengers to Nevada's casino town, Elko.
-The acquisition of Casino Express Airline is a useful strategic partnership, which will benefit Avion through the possible use of Avion's aircraft fleet for charter projects within the USA, says Magnus Thorsteinsson, Avion Exec chairman.
Avion has taken 19 percent of the shares in the US airline through a joint management buy-out.
Casino Express Airline operates some 40 flights per month, bringing 60,000 annual passengers to Nevada's casino town, Elko.
-The acquisition of Casino Express Airline is a useful strategic partnership, which will benefit Avion through the possible use of Avion's aircraft fleet for charter projects within the USA, says Magnus Thorsteinsson, Avion Exec chairman.