SATSair explained

Airline:SATSair
Fleet Size:26 Cirrus SR22
Icao:SYK
Callsign:AEROCAB
Founded:2004
Ceased:24 October 2009
Headquarters:Greenville, South Carolina, United States
Website:www.satsair.com

SATSair was an air taxi provider based in Greenville, South Carolina, USA.[1] [2] SATSair was a founding member of the Air Taxi Association (ATXA).

History

The company's first flight was in November 2004. SATSair operated 26 Cirrus SR-22, each equipped with entire-aircraft parachute systems for emergency safety. Unlike traditional charter flights, SATSair offered one-way pricing, so passengers did not directly pay for unused return legs.

Cirrus Design, the company that manufactured the aircraft used by SATSair, was a major shareholder having acquired a 25-percent stake of SATSair in July 2006.[3]

On 24 October 2009 SATSair ceased operations "due to circumstances." The cessation of operations was not unexpected as five of the company's aircraft had been repossessed and were without engines and a further ten company SR22s had been sitting on the ramp without engines for some time.

On 31 December 2009, SATSair filed for Chapter 7 bankruptcy protection.[4]

See also

Notes and References

  1. Web site: SATSAir Shuts Down . 2009-10-26. Niles. Russ. October 2009.
  2. Web site: SATSair Forced to Halt Operations. 2009-10-26. Marsh. Alton K.. October 2009.
  3. Web site: SATSair Will Order Cirrus Vision SJ50 . 2007-07-31 . George C. Larson . 2010-01-13 .
  4. Case Number 09-09730-hb, US bankruptcy Court, Columbia, South Carolina, 29201, filed 31 Dec 2009 by Steve Hanvey