Air Europe was a wholly privately owned, Independent British airline, established in 1978 under the working title Inter European Airways.^[1]:10 It adopted the Air Europe name the following year.^[1]:13 Image File history File links AE_logo. ... Image File history File links AE_logo. ... An Airbus A380 of Emirates Airline An airline provides air transport services for passengers or freight. ... Year 1978 (MCMLXXVIII) was a common year starting on Sunday (link displays the 1978 Gregorian calendar). ...

Its main operational base was at London Gatwick Airport, where it commenced commercial airline operations in May 1979 with three brand-new Boeing 737-200 "Advanced" jet aircraft.^[1]:7 Gatwick Airport (IATA: LGW, ICAO: EGKK) is Londons second largest airport and the second busiest airport in the United Kingdom after Heathrow. ... Also: 1979 by Smashing Pumpkins. ... The Boeing 737 is an American short to medium range, single aisle, narrow body jet airliner. ... Jet aircraft are aircrafts with jet engines. ...

Air Europe was the brainchild of Errol Cossey and Martin O'Regan, two former Dan-Air executives. Harry Goodman, who had founded Intasun Leisure during the early 1970s, became the airline's main financial backer as well as the chairman of the International Leisure Group (ILG), the parent company of both Air Europe and Intasun Leisure.^[1]:114 Dan-Air (Dan Air Services Limited) is a defunct airline based in the United Kingdom. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ...

Air Europe was the main supplier of charter seats to Intasun Leisure, which grew during the 1980s to become the UK's second-largest package tour operator (after long-established market leader Thomson Holidays). A package holiday or package tour consists of transport and accommodation advertised and sold together by a vendor known as a tour operator. ...

Air Europe aggressively expanded during the 1980s to become one of the UK's leading charter airlines with a major scheduled presence on a number of short-haul European trunk routes out of Gatwick. A charter airline is one that operates charter flights, that is flights that take place outside normal schedules, by a hiring arrangement with a particular customer. ... For other uses, see Europe (disambiguation). ...

Towards the end of the 1980s Air Europe became the first airline to acquire a pan-European presence by setting up several subsidiaries on the Continent. Air Europe also acquired two small regional airlines, forming the nucleus of a new Air Europe Express regional airline subsidiary. The acquired slots at Gatwick enabled it to increase frequencies as well as launch new scheduled routes. By the end of the decade Air Europe had become Gatwick's largest resident airline operator.^{[1]:135, 158} The International Paneuropean Union claims to be the oldest European unification movement and is also referred to as the Paneuropean Movement and the Pan Europa Movement. ... Animated, colour-coded map showing the various continents. ... Regional Airlines redirects here. ... Certain airports have capacity limitations and allocation landing slots to various carriers. ...

Air Europe's stellar success came to an end when growing financial problems at its parent company began to undermine the financial performance of the airline and its sister companies from late 1989 onwards. Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

ILG and all its UK-based subsidiaries - including Air Europe - went bankrupt on March 8, 1991.^[1]:173-175 Notice of closure stuck on the door of a computer store the day after its parent company, Granville Technology Group Ltd, declared bankruptcy (strictly, put into administration—see text) in the United Kingdom. ... is the 67th day of the year (68th in leap years) in the Gregorian calendar. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ...

History

Background to Air Europe's formation

Since its beginning in the 1950s, the UK package tour industry has been characterised by its cyclicality. There were pronounced periods of growth and contraction.

The first two periods of major growth had occurred during the mid-1960s and early '70s, respectively. These were followed by a period of major contraction during the mid-'70s, mainly as a result of the 1973 oil crisis. This, in turn, was followed by renewed expansion during the second half of the 1970s. The 1973 oil crisis began in earnest on October 17, 1973, when the members of Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of OPEC plus Egypt and Syria) announced, as a result of the ongoing Yom Kippur War, that they would no longer ship petroleum...

The industry's spurt of growth in the late '70s was accompanied by a growing shortage of whole-plane charter seats, which was further exacerbated by Laker Airways' decision to drastically reduce its short- to medium-haul charter activities, as a result of that airline's increasing focus on its long-haul, transatlantic "Skytrain" scheduled "no frills" services, as well as by British Caledonian's decision to completely withdraw from the charter market. Laker Airways was a wholly privately owned, Independent British airline founded by the late Sir Freddie Laker in 1966. ... For other uses, see Transatlantic (disambiguation). ... No-frills or no frills is the term used to describe any service or product for which the non-essential features (or frills) have been removed. ... Livery of British Caledonian on an Airbus A310-200 circa 1984 British Caledonian Boeing 707 at Gatwick Airport June 1975. ...

Hence, the time to start a new charter airline seemed opportune.^[1]:8

A radical departure from established practices in the charter airline industry

During his time as Dan-Air's associate director in charge of the airline's operations, Errol Cossy had overseen the successful introduction of several new jet aircraft types into Dan-Air's fleet, beginning with the De Havilland Comet series 4 in 1967 and continuing with the BAC One-Eleven 400 series in 1969, the Boeing 707-320 "Intercontinental" in 1971, the Boeing 727-100 in 1973 as well as the BAC One-Eleven 500 in 1975.^{[2]:63, 72, 121, 235} He also had control over the entire charter fleet, which numbered 28 aircraft during the mid-1970s. At that time, Intasun used to contract a growing share of its business to Dan-Air. Intasun, like Dan-Air at that time, used to have a somewhat "downmarket" image. It was mainly competing on price with the other tour operators, notably market leader Thomson Holidays. The reason it was able to undercut the competition while continuing to expand profitably was that it first waited for all the other operators to place their business with Dan-Air and only then placed its contracts, fitting in with whenever aircraft and crews were available. This meant that a lot of Intasun's business involved mid-week and night flying. This, in turn, was a "win-win" for both operator and airline. It enabled Intasun to charter aircraft at substantially lower rates than its competitors, who had to pay a premium for chartering planes at week-end peak times, and it permitted Dan-Air to increase its fleet's utilisation, thereby boosting the company's overall profitability. However, the high fuel consumption of Dan-Air's "mix'n match" fleet - especially the Comets, which at that time made up the bulk of its charter fleet - against the backdrop of steeply rising jet fuel prices in the aftermath of the 1973 oil crisis made it more and more difficult to offer Intasun the rates at which it was prepared to contract its business to Dan-Air.^[1]:8-9 This article is about the de Havilland Comet jet airliner. ... Year 1967 (MCMLXVII) was a common year starting on Sunday (link will display full calendar) of the 1967 Gregorian calendar. ... The British Aircraft Corporation One-Eleven, also known as the BAC 1-11, the BAC-111 or the BAC-1-11, was a British short-range jet airliner of the 1960s and 1970s. ... Also: 1969 (Stargate SG-1) episode. ... The Boeing 707 is an American four-engine commercial passenger jet airliner developed by Boeing in the early 1950s. ... Year 1971 (MCMLXXI) was a common year starting on Friday (link will display full calendar) of the 1971 Gregorian calendar. ... The Boeing 727 is a mid-size, narrow-body, three-engine commercial jet airliner. ... For the song by James Blunt, see 1973 (song). ... Year 1975 (MCMLXXV) was a common year starting on Wednesday (link will display full calendar) of the Gregorian calendar. ... Jet fuel is a type of aviation fuel designed for use in jet-engined aircraft. ...

Errol Cossey became convinced that he could offer Intasun these rates without difficulty, and do a lot more business with it, if Dan-Air had more modern aircraft with a substantially lower fuel-burn and overall lower direct operating costs in its fleet. He was also aware that Britannia Airways, Thomson Holidays' sister airline and Dan-Air's main rival in the charter market, had already begun building up a fleet of brand-new Boeing 737-200 jet planes, which had lower operating costs and a better operational performance than the older, second-hand jets operated by Dan-Air.^[1]:9 In economics, business, and accounting, a cost is the value of inputs that have been used up to produce something, and hence are not available for use anymore. ... Britannia Boeing 757-200 shortly after take-off Britannia Airways was the largest charter airline in the United Kingdom, rebranded as Thomsonfly in 2005. ...

Therefore, Errol Cossey, Martin O'Regan, the group finance director of Dan-Air parent Davies and Newman, and Alan Snudden, Dan-Air's managing director, tried to convince Fred Newman, Davies and Newman's majority shareholder as well as Dan-Air's long-serving chairman, that operating a brand-new fleet of Boeing 737-200 "Advanced" series jet aircraft - at the time the very latest, state-of-the-art aircraft - was the only way to secure Dan-Air's long-term future as a major player in the charter airline industry. Their argument to Fred Newman was that operating the latest series 200 "Advanced" model of the 737 would not only give Dan-Air far better cost figures than any of the existing aircraft types in its fleet but would also allow it to "leap-frog" Britannia, which initially operated only the "basic" 200 model of the 737. That model lacked important enhancements, such as a short-field capability enabling operations at airfields whose runways were too short for the "basic" 737-200 model.^[1]:9-10 Managing director is the term used for the chief executive of many limited companies in the United Kingdom, Commonwealth and some other English speaking countries. ... A shareholder or stockholder is an individual or company (including a corporation) that legally owns one or more shares of stock in a joint stock company. ... Events Favila becomes king of Asturias after Pelayos death Births Emperor Kammu of Japan (d. ...

After several failed attempts to convince Fred Newman of their plan's merits, Errol Cossey, Martin O'Regan and Alan Snudden decided to leave Dan-Air.^[2]:174

As a first step, Errol Cossey approached Intasun founder and chairman Harry Goodman to elicit his response to the plan he had been working on with Martin O'Regan and Alan Snudden. It did not take long to convince Harry Goodman of the plan's merits. He agreed to support it as an equity player. This was the point at which Air Europe was conceived, with both Errol Cossey and Martin O'Regan on board backed up by Harry Goodman's financial participation. (Alan Snudden, who had initially agreed to join the new airline project, eventually decided to join Monarch Airlines.^[2]:174 )^[1]:9-10 At the start of a business, owners put some funding into the business to finance assets. ... Monarch Airlines Boeing 757-200 in the old livery, Alicante Airport, Spain. ...

The fact that the charter airline industry generally and Dan-Air in particular were perceived to be at the bottom end of the market led to a decision to make the new airline people's "first choice" from the outset, especially in terms of overall on-board service, including the in-flight catering. It was hoped that offering a service that was at least as good as that of the leading scheduled service airlines, with the ultimate aim of establishing a new benchmark for the entire airline industry and for charter airlines in particular, would enable the new airline to fly longer seasons as tour operators were expected to cancel their contracts with other, less popular rival airlines. The resulting increase in aircraft utilisation would translate into higher profitability.^[1]:16 A professionally catered event Catering is the business of providing food service at a remote site. ... A benchmark is a point of reference for a measurement. ...

One of the ways in which the new airline was planning to set a new standard for high-quality in-flight service in the charter airline industry was by completely revamping the traditional seat-back catering concept as practised by most contemporary charter airlines. At the time, this consisted of serving spam salad on all flights out of the UK and sandwiches back to the UK. Although this seemed to be a low-cost way of providing a minimal catering service on inclusive tour flights, it was actually labour-intensive and costly, especially when taking into account that these meals needed to be prepared freshly several hours before departure. This meant that caterers were charging a premium for meals that needed to be prepared during the night for early morning departures as well as for seasonal produce. Besides, the salad leaves tended to wilt and the sandwiches acquired a stale taste as soon as the wrapping was removed due to the dry atmosphere inside an aircraft cabin. As a result, from the passengers' point of view, the presentation of the meals most traditional charter airlines served them was unappetising, turning many of them off.^[1]:21-2 Look up spam, SPAM in Wiktionary, the free dictionary. ... Catering is the business of providing food service at a remote site. ...

To move away from the charter airline industry's image of "dreadful" seat-back catering, the new airline resolved to serve proper, "restaurant"-style meals including at least three courses - a starter, a hot entree and a dessert - on all flights, time permitting. Instead of paying caterers premium rates for limp spam salads and stale sandwiches, the new airline would bulk-purchase deep-frozen ingredients only. This would enable it to take advantage of lower rates. And rather than relying on overseas caterers, who were often plying their trade only seasonally and over whose food hygiene and quality standards the airline would have no control, it would also enable it to carry the in-bound catering in the aircraft's holds, which would generally not be filled to capacity.^[1]:23 For other uses, see Restaurant (disambiguation). ... Starter may refer to an automobile self starter, or starter motor the person who fires a pistol or waves a flag to indicate the start of a race bread starter, (also called sponge) a fermented mixture used in baking sourdough a motor starter, or electric motor starter used to start... In British and Australian English, an entrée (also known as starters) is a smaller course that precedes the main course. ... Not to be confused with Desert. ... Food and cooking hygiene includes a number of routines which should be followed to avoid potentially severe health hazards. ...

In addition to operating only brand-new aircraft from the very beginning, this new service concept marked the second major departure from the UK charter airline industry's established practices.^{[1]:13, 16}

Improving the new airline's competitiveness, operational performance and profitability in a hyper-competitive market place characterised by low margins and excess capacity were not the only reasons for exclusively operating brand-new equipment from its inception. The term margin has many meanings: In telecommunication, margin has the following meanings: In communications systems, the maximum degree of signal distortion that can be tolerated without affecting the restitution, without its being interpreted incorrectly by the decision circuit. ...

Another important reason was that generous capital allowances for new equipment reduced a company's tax liability, thereby increasing the enterprise value.^[1]:10 Not to be confused with capitol. ... Look up company in Wiktionary, the free dictionary. ... “Taxes” redirects here. ... Enterprise value (EV), Total enterprise value (TEV), or Firm value (FV) is a market value measure of a company from the point of view of the aggregate of all the financing sources; debtholders, preferred shareholders, minority shareholders and common equity holders. ...

Furthermore, being affiliated to an "in-house" tour operator would give the new airline access to the tour operator's customers' deposits, which could be used as working capital. This was of particular importance to help a fledgling airline, whose first plane had not yet arrived and whose first flight was still in the planning stage, meet its up-front expenses.^[1]:10 These deposits would also be an important source of working capital at a later stage when suppliers would have to be paid up-front in February, during the "dead" season, before the summer flying programme commenced in April. Domestic credit to private sector in 2005 Working capital (also known as net working capital) is a financial metric which represents the amount of day-by-day operating liquidity available to a business. ...

To be able to attract a substantial amount of higher margin business from more "upmarket" tour operators that were Intasun's competitors as well as to avoid being overreliant on Intasun, the new airline would have to adopt a name not related to Intasun. Eventually, Air Europe was chosen from a shortlist of names that did not reveal the airline's link with Intasun.^[1]:13

Long-term strategic planning instead of opportunistic growth

Errol Cossey's and Martin O'Regan's new airline venture not only marked a radical departure from traditional charter airline industry practices, such as operating old, second-hand aircraft and providing an uninspiring, very basic standard of on-board service. It also broke with the industry's long-standing tradition of defining its long-term strategies purely in terms of "opportunistic expansion", i.e. making use of whatever opportunities to grow the business were available, regardless of whether these opportunities actually presented a "good fit" with existing activities.

As business opportunities for Independent airlines were very limited during the early post-World War II period, i.e. from the late 1940s until the early 1960s, this approach was typical for the Independent airlines that had begun their existence during that period. Dan-Air, Errol Cossey's and Martin O'Regan's previous employer, which belonged to that era, was a very typical exponent of this "opportunistic" approach to doing business. Over time, that airline expanded into almost every area of the commercial airline business. The result was a very high degree of diversification into many unrelated activities, many of which never turned a profit in their own right. The resulting lack of focus led to a great deal of valuable management time being expended on activities where the return on investment was negative. Dan-Air used to justify this diversification strategy by its low marginal costs as aircraft and crews were already available. The airline also used to justify it by the resulting increased utilisation of the fleet, which in turn resulted in a positive contribution to overall profitability. (At the time, for Dan-Air each aircraft type in its fleet represented a so-called "cost centre line" that was financially accountable for itself.^[2]:119 ) Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... This article or section does not cite any references or sources. ... In finance, the return on investment (ROI) or just return is a calculation used to determine whether a proposed investment is wise, and how well it will repay the investor. ... A strategy is a long term plan of action designed to achieve a particular goal, most often winning. Strategy is differentiated from tactics or immediate actions with resources at hand by its nature of being extensively premeditated, and often practically rehearsed. ... In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. ... Cost centers are divisions that add to the cost of the organization, but only indirectly add to the profit of the company. ...

A typical example of Dan-Air's "opportunistic" diversification into activities unrelated to its core charter business was the airline's long-term commitment to build from scratch a comprehensive network of regional scheduled services linking secondary airports across the British Isles and Europe, many of which operated on a seasonal basis only.^[2]:78-9 This took up massive resources, in terms of both finance and management time. Despite dedicating vast resources to its regional scheduled operation, it never became a financial success.^[1]:76 This article describes the archipelago in north-western Europe. ... For other uses, see Europe (disambiguation). ... In project management terminology, resources are required to carry out the project tasks. ... Finance studies and addresses the ways in which individuals, businesses, and organizations raise, allocate, and use monetary resources over time, taking into account the risks entailed in their projects. ...

Having witnessed the drawbacks of Dan-Air's "opportunistically" driven diversification strategy first-hand, Errol Cossey and Martin O'Regan resolved that their new airline venture would only ever commit itself to commercial activities that had genuine prospects of becoming profitable in their own right, from the very beginning itself. Errol Cossey and Martin O'Reagan furthermore resolved that their airline venture needed to remain focused on a few core activities, rather than "grasping" every available opportunity to expand into areas far removed from its chosen core activities, to attain this goal.^[1]:76

As a result, the long-term strategic plan Air Europe eventually developed narrowly focused on the following core areas: A strategy is a long term plan of action designed to achieve a particular goal, most often winning. Strategy is differentiated from tactics or immediate actions with resources at hand by its nature of being extensively premeditated, and often practically rehearsed. ...

• Short-/medium-haul charter flights.

• Long-haul charter flights.

• Scheduled services serving markets where half of the available capacity could be profitably filled with Intasun customers.^[1]:158

• Air Europe branded airlines in other European countries.

• Financing aircraft acquisitions through highly favourable finance leases that helped boost Air Europe's profitability by allowing it to take advantage of surplus aircraft valuations arising from the aircraft's residual dollar values.^[1]:71-2,79

A finance lease or capital lease is a type of lease - the other being an operating lease. ... The United States dollar is the official currency of the United States. ...

The beginning

Air Europe became the first British charter airline using brand-new equipment right from the very beginning as well as the first UK charter airline offering a standard of service that was comparable to the best service offered by the leading contemporary scheduled carriers.^{[1]:13, 109} Air Europe also had the distinction of being the first new UK charter airline to become profitable during its first year of operation.

Due to the package tour industry's seasonality, Air Europe needed to ensure that it was in a position to take full advantage of the entire June-September peak season to be profitable during the first year of operation itself. In order to be able to do this, the airline needed to have the finance in place to pay up-front for the deposits to take over the delivery slots of three brand-new Boeing 737-200 "Advanced" aircraft that had originally been booked by another airline, which had cancelled its order. Financing these aircraft, which were due to roll off Boeing's production line during May 1979, was the biggest challenge Air Europe faced at that time. The Boeing Company (NYSE: BA, TYO: 7661) is a major aerospace and defense corporation, originally founded by William Edward Boeing. ... Modern car assembly line. ...

In the late 1970s the traditional British financial institutions were not keen to provide start-up capital to newly constituted Independent "paper" airlines, unless these were part of or enjoyed the backing of other, well-established organisations. These institutions considered lending substantial amounts of money to fledgling Independent airlines too risky because of the high failure rate among those airlines in the UK.

Therefore, Air Europe's promoters were compelled to approach non-UK institutions and other potential lenders based overseas who could support the airline financially to help it get off the ground.

Ultimately, Ipoh and the Marubeni Corporation, two Japanese conglomerates, whose commercial activities included purchasing brand-new aircraft from the US and leasing them on to non-US airlines as part of Japan's effort to reduce the then huge trade imbalance with the US, were prepared to lend Air Europe the required amount, following complex and lengthy negotiations. The type of aircraft finance Air Europe procured from Ipoh and Marubeni was known as "Samurai" leasing. It consisted of a combination of mortgage and hire purchase finance spread over ten years for each aircraft.^{[1]:10-12, 14-15} Nickname: Coordinates: , Country State Establishment Around 1880 Government  - Mayor Mohamad Rafiai Moktar Area  - City 643 km²  (248. ... Marubeni Corporation (丸紅株式会社) (TYO: 8002) is a Japanese trading company. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... For other uses, see Samurai (disambiguation). ... This article is about a property agreement in private law. ... This article is about the legal mechanism used to secure property in favor of a creditor. ... Hire purchase (frequently abbreviated to HP) is the legal term for a conditional sale contract developed in the United Kingdom, and now found in India, Australia, New Zealand, and other states which have adopted the English law concept. ...

Air Europe's first-ever commercial air service took to the air on May 4, 1979. On that day a brand-new, 130-seat Boeing 737-2S3 "Advanced", named Adam and bearing the registration G-BMHG, departed London Gatwick for Palma de Mallorca with a full passenger load, operating the airline's inaugural flight KS 1004.^{[1]:7, 29} is the 124th day of the year (125th in leap years) in the Gregorian calendar. ... Also: 1979 by Smashing Pumpkins. ... Location Coordinates : Time Zone : CET (GMT +1) - summer: CEST (GMT +2) General information Native name Palma (Catalan) Spanish name Palma de Mallorca Postal code 070XX Area code 34 (Spain) + 971 (Balearic Islands) Website http://www. ...

This was coincidentally the same day Air Europe's second brand-new Boeing 737-2S3 "Advanced" (registration G-BMOR) arrived at the airline's Gatwick base.^[1]:29

The final example of the initial batch of three brand-new Boeing 737-2S3 "Advanced" (G-BMEC) arrived at Gatwick on May 31, 1979, just in time for the start of the peak operating season.^[1]:33 is the 151st day of the year (152nd in leap years) in the Gregorian calendar. ... Also: 1979 by Smashing Pumpkins. ...

Becoming a major player in the charter airline industry

This initial success provided the impetus and financial platform for Air Europe to continually expand its charter activities over the coming years.

Air Europe opened a second base at Manchester during its first year of operation itself. The Manchester base, which opened in the autumn of 1979, eventually became the airline's fastest growing UK departure point.^[1]:48 This article is about the City of Manchester in England. ...

A major reorganisation was completed in 1981 when Intasun became a unified company as a result of merging its constituent parts, leading to the flotation of Intasun Leisure Group plc on the London Stock Exchange's USM.^[1]:51 (In 1987, the group, which by then had become the International Leisure Group [ILG], delisted from London's stock exchange.^[1]:98 ) Year 1981 (MCMLXXXI) was a common year starting on Thursday (link displays the 1981 Gregorian calendar). ... “IPO” redirects here. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... The Unlisted Securities Market (USM), which ran from 1980 to 1996, was a stock exchange set up by the London Stock Exchange. ... Year 1987 (MCMLXXXVII) was a common year starting on Thursday (link displays 1987 Gregorian calendar). ... Delisting can mean: Delisting (stock), the removal of a stock from a stock exchange Delisting (Canadian medicare), the removal of medical coverage for a certain operation by Canadian medicare Category: ... This article is about the capital of England and the United Kingdom. ...

Another new base opened at Cardiff in 1982. By that time, Air Europe's core fleet consisted of seven Boeing 737-200 "Advanced" aircraft, all of which were brand-new at the time they joined the fleet. A further three 737-200s operated under a swap-lease arrangement with Air Florida complemented the core fleet between May and September, thus giving Air Europe an operational fleet of ten aircraft during the peak summer season.^[1]:54 Air Europe expected to carry 1.2m passengers during 1982.^[1]:57-8 This article is about the capital city of Wales. ... Year 1982 (MCMLXXXII) was a common year starting on Friday (link displays the 1982 Gregorian calendar). ... Air Florida B737-222 N62AF, which was the one that crashed. ...

1982 was also the year Air Europe signed the purchase agreement with British Airways for a pair of brand-new Boeing 757-200 aircraft, for delivery in March 1983 and March 1984, respectively. These were part of an order for 19 the UK flag carrier had placed with Boeing prior to starting the privatisation process and which had subsequently become surplus to its requirements.^[1]:61 For the 1930s airline of similar name, see British Airways Ltd. ... The Boeing 757 is an American short to medium range commercial passenger aircraft manufactured by Boeing Commercial Airplanes. ... 1983 (MCMLXXXIII) is a common year starting on Saturday of the Gregorian calendar. ... 1984 is a leap year starting on Sunday of the Gregorian calendar. ... For other uses, see Flag carrier (disambiguation). ...

1982 furthermore saw Air Europe placing its first order for five Boeing 737-300s with deliveries beginning in 1987.^[1]:67-8

Intasun Leisure Group plc's first set of annual results for the 1982/'83 financial year to the end of March 1983 was released in August of that year. These results showed that the group's pre-tax profit for that period was £6.8m (up 26% on the year-before period) and that the group carried 1.26 m passengers, mostly on Air Europe. This set of figures also showed that Air Europe accounted for half of the Intasun Leisure Group's profits.^[1]:63

Air Europe's first Boeing 757, named Fiona and bearing the registration G-BKRM, operated its maiden commercial flight on April 24, 1983 between London Gatwick and Faro.^[1]:64 The airline's second 757 (G-BPGW) entered commercial service on March 29, 1984 between Gatwick and Milan.^[1]:67 is the 114th day of the year (115th in leap years) in the Gregorian calendar. ... Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ... Faro is a city in Portugal; see Faro, Portugal a town in Yukon, Canada; see Faro, Yukon. ... Events March 9 - A major earthquake strikes Palestine and Syria Offa becomes king of Mercia. ... is the 88th day of the year (89th in leap years) in the Gregorian calendar. ... This article is about the year. ... Type Anti-tank Nationality Joint France/Germany Era Cold War, modern Launch platform Individual, Vehicle Target Vehicle, Fortification History Builder MBDA, Bharat Dynamics (under license) Date of design 70s Production period since 1972 Service duration since 1972 Operators 41 countries Variants MILAN 1, MILAN 2, MILAN 2T, MILAN 3, MILAN...

An order for an additional Boeing 757, the airline's third and the first directly ordered from Boeing, was placed during 1984 as well for delivery the following year.^[1]:69 (Follow-on orders for further 757s were placed subsequently.)

During the early 1980s the FAA began rethinking its policy on the minimum number of engines an aircraft needed to be permitted to fly long distances non-stop over water. The FAA's rethink had been prompted by the increasing reliability of jet engines powering new widebodied airliners as well as other technological advances. This meant that mid-air engine shutdowns that necessitated an emergency landing at the nearest diversion airfield and which could potentially endanger the safety of aircraft and occupants had become a rare phenomenon. The result was ETOPS, a set of rules permitting twin-engined aircraft to fly long over water routes, provided that there were usable diversion airfields within 120 minutes' non-stop flying distance plus a "15% margin" from the aircraft's route.^[1]:74-5 “FAA” redirects here. ... A Pratt and Whitney turbofan engine for the F-15 Eagle is tested at Robins Air Force Base, Georgia, USA. The tunnel behind the engine muffles noise and allows exhaust to escape. ... An emergency landing is a non-planned landing made by an aircraft in response to a crisis. ... ETOPS (Extended Twin-engine OPerationS) is an acronym for an International Civil Aviation Organization (ICAO) rule permitting newer twin-engined commercial air transports to fly routes that, at some points, are further than a distance of 60 minutes flying time from an emergency or diversion airport. ...

Following the introduction of the new rules in the mid-1980s, Air Europe became one of the first airlines to have its 757s ETOPS-equipped to take advantage of the aircraft's design range, which was sufficient to permit non-stop flights to the East coast of North America, the Caribbean and Central America as well as certain parts of South America and Asia.^[1]:75 The maximal total range is the distance an aircraft can fly between takeoff and landing, as limited by fuel capacity in powered aircraft, or cross-country speed and environmental conditions in unpowered aircraft. ... North America North America is a continent[1] in the Earths northern hemisphere and (chiefly) western hemisphere. ... West Indies redirects here. ... For other uses, see Central America (disambiguation). ... South America South America is a continent crossed by the equator, with most of its area in the Southern Hemisphere. ... For other uses, see Asia (disambiguation). ...

This enabled Air Europe to become the first British charter airline to operate its 757s on transatlantic charter flights between various points in the UK and Orlando, Florida, from 1989 onwards.^[1]:73-75 Nickname: Location in Orange County and the state of Florida Coordinates: , Country State Counties Orange Government  - Mayor Buddy Dyer (D) Area  - City 101 sq mi (261. ... Official language(s) English Capital Tallahassee Largest city Jacksonville Largest metro area Miami metropolitan area Area  Ranked 22nd  - Total 65,795[1] sq mi (170,304[1] km²)  - Width 361 miles (582 km)  - Length 447 miles (721 km)  - % water 17. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

The first batch of three Boeing 737-200 "Advanced" aircraft delivered back in 1979 left the fleet in April 1985 to enable Air Europe to take advantage of the aircraft's rising dollar-denominated residual values.^[1]:70-1 (Air Europe's policy of taking a substantial interest in its aircraft's residual values also had a "secondary" effect of keeping the fleet young. This was achieved by continuously rolling over planes whose residual values exceeded the costs of procuring replacements, including capacity temporarily leased in from other operators.^{[1]:71-2, 165} ) 1985 is a common year starting on Tuesday of the Gregorian calendar. ... Residual value is one of the constituents of a leasing calculus or operation. ...

Eventually, Air Europe placed an initial order for five, larger 400 series Boeing 737s. These aircraft were delivered during 1989.^{[1]:140-1, 195-6}

ILG's 1989 annual report, which covered the group's financial and operational performance during Air Europe's tenth anniversary, contained interesting statistics: An annual report is a document which a company presents at its Annual General Meeting for approval by its shareholders. ... This article is about the field of statistics. ...

• A group operating profit of £35.5m.

• Total passenger numbers for all the group's airlines of 5.8m.

• Total passenger numbers for all the group's tour operators of 2.7m.

• A total number of 31 jet aircraft operated across the group.

• A total number of 20 scheduled routes.

• A combined share of 20% of all slots at London Gatwick.

• Total surplus aircraft valuations of £360m.

Each individual result represented a record performance.^[1]:135

Aircraft leasing

Leasing played a prominent role in ILG/Air Europe's corporate strategy from the very beginning. Competitive Strategy is often used in place of Corporate Strategy and vice versa. ...

Air Europe frequently used both operating leases as well as finance leases.^{[1]:52-56, 71-2, 131} An operating lease is a lease whose term is short compared to the useful life of the asset or piece of equipment (an airliner, a ship etc. ...

The former included both long-term swaps of surplus capacity with other airlines whose seasonality was opposite to Air Europe's as well as short-term leases to bridge temporary capacity shortfalls.^{[1]:52-56, 131}

The latter was a profit-enhancing method to finance newly acquired aircraft, whereby these aircraft were sold to in-house or external lessors from whom they were then leased back, with the airline retaining a substantial interest in the aircraft's residual values.^{[1]:71-2, 170} Lessor is the name of two places in the United States: Lessor, Wisconsin Lessor Township, Minnesota This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...

Lease-swaps with other operators whose seasonality was opposite to Air Europe's own helped maintain a high aircraft utilisation during the lean winter season, thus permitting a year-round profitable operation.

The charter airline business was highly seasonal, with most of the annual commercial activity taking place over a relatively short period of barely four months between the end of May and the beginning of September. As Air Europe was operating a fleet of brand-new aircraft that incurred high financing charges unlike the older, second-hand jets operated by Dan-Air and many other rival airlines at the time, it could not afford to significantly reduce its aircraft fleet's utilisation over the lean winter months, without taking a major hit on its financial performance. (Dan-Air, for example, took half of its operational Comet fleet out of service at the end of each summer season and put the aircraft into storage at sister company Dan-Air Engineering's main base at Lasham Airfield for the duration of the winter season. Dan-Air also operated the other aircraft types in its fleet at a much lower utilisation during the winter. Dan-Air was able to do this without incurring huge losses because these predominantly older, second-hand aircraft had much lower acquisition costs and were already largely or fully depreciated at the time they entered its fleet.) Jet aircraft are aircrafts with jet engines. ... Dan-Air Engineering Ltd. ... Location Lasham Airfield is 6 miles south-south-east of Basingstoke in Hampshire near the village of Lasham. ...

Air Europe therefore began to look for potential business partners whose seasonality was counter-cyclical to its own so that Air Europe's surplus aircraft capacity could be leased out to other operators in winter and those operators' surplus capacity could be leased in for the busy summer period. Business partner is a term used to denote a commercial entity with which another commercial entity has some form of alliance. ...

Eventually, Air Europe concluded an aircraft swap-lease with Air Florida, which commenced at the start of the 1980/'81 winter season. Under this deal, Air Europe leased three of its aircraft to Air Florida to cover that airline's peak season, which occurred in winter. In return, Air Florida leased two of its aircraft to Air Europe to cover the UK airline's summer peak period. The number of aircraft Air Europe leased from Air Florida during the summer months subsequently increased to three.^[1]:52-56

Although this arrangement initially worked to both airlines' satisfaction, Air Europe decided to terminate it at the end of the 1982/'83 winter season due to Air Florida's growing financial problems. (Air Florida had faced numerous difficulties to pay Air Europe for the leases on time. It also had difficulties to ensure the aircraft it had leased from Air Europe reached the UK along with the aircraft it was contractually obliged to supply to Air Europe from its own fleet in time at the start of the UK carrier's summer season.^[1]:54-56 )

Air Europe replaced the defunct swap-lease with Air Florida with a similar arrangement with British Airways, which it had negotiated with the UK flag carrier in 1982. (This was part of a wider deal that had resulted in Air Europe purchasing two brand-new Boeing 757s from BA.^[1]:61 ) For the 1930s airline of similar name, see British Airways Ltd. ...

The Air Europe-BA aircraft swap lease involved BA leasing back the two 757s it had sold to Air Europe along with a number of that airline's 737s to cover the shortfall resulting from aircraft being taken out of service during the winter when BA's scheduled maintenance occurred. This deal lasted from 1983 until 1986.^{[1]:61, 180} Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ... Year 1986 (MCMLXXXVI) was a common year starting on Wednesday (link displays 1986 Gregorian calendar). ...

An example for a short-term lease to bridge a temporary capacity shortfall was Air Europe's intended lease of a pair of Boeing 747s to enable the launch of a new long-haul charter programme in 1989. The Boeing 747, sometimes nicknamed the Jumbo Jet,[4][5] is long-haul, widebody commercial airliner manufactured by Boeing in the United States. ...

The launch of this programme in May 1989 necessitated the temporary lease of suitable widebody aircraft capacity as Air Europe did not have any aircraft suited to this type of operation in its fleet. The original intention was to lease two 460-seat Boeing 747s. 1989 is a common year starting on Sunday of the Gregorian calendar. ...

In the event, Air Europe leased a single, 486-seat Boeing 747 from US supplemental carrier Tower Air to operate its long-haul charter services to Bangkok, Barbados, Orlando and Acapulco on an ACMI basis.^[1]:131 Tower Air (IATA: FF, ICAO: TOW, and Callsign: Tee Air) was a privately owned low-fare and charter U.S. airline that operated from 1983 until 2000, when it declared bankruptcy and was liquidated. ... Location within in Thailand Coordinates: , Country Settled Ayutthaya Period Founded as capital 21 April 1782 Government  - Type Special administrative area  - Governer Apirak Kosayothin Area  - City 1,568. ... Acapulco (Officially: Acapulco de Juárez) is a city and major sea port in the state of Guerrero on the Pacific coast of Mexico, 300 km (190 miles) southwest from Mexico City. ... This page may meet Wikipedias criteria for speedy deletion. ...

A pan-European presence

Further expansion and diversification occurred between 1986 and 1989. Year 1986 (MCMLXXXVI) was a common year starting on Wednesday (link displays 1986 Gregorian calendar). ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

It began with the creation of a Spanish subsidiary, Air España S.A., based at Palma de Mallorca, in which ILG acquired a 25% stake, the maximum foreign entities or individuals could legally own in a Spanish airline at the time.^[1]:145 This was followed by the acquisition of a 49% stake in German regional carrier Nürnberger Flugdienst (NFD), the purchase of a 33% stake in Norwegian charter carrier Norway Airlines and the creation of a new Italian carrier, Air Europe SpA, in which ILG held a 35% stake.^{[1]:150, 152} Air Europe is an airline based in Italy. ...

With the exception of Air Espana, which traded as Air Europa,^[1]:145 all the other airlines traded as Air Europe. All of their aircraft - including those operated by Air Europa - adopted Air Europe's livery. The only way to tell the aircraft apart, other than by their respective national registrations, was to look at the national flag following the Air Europe/Air Europa name on the upper, white part of the fuselage.^[1]:150 Air Europa Boeing 737-800 landing Boeing 737-85P at Madrid Barajas International Airport Air Europa Líneas Aéreas, S.A. is an airline based in Palma, Majorca, Spain. ... For other uses, see Flag (disambiguation). ...

ILG eventually created Dutch-incorporated Airlines of Europe BV as a joint management and holding company for all of these airlines.^[1]:148-150 Incorporation (abbreviated Inc. ...

ILG 's move to seek a pan-European presence, including the Spanish market, the most important destination market for its charter operations from the UK, was not only driven by its desire to take advantage of new business opportunities resulting from the gradual liberalisation of Europe's air transport market. Another important factor leading to this decision was to ensure the widest possible UK coverage for its package tour operations to enable Intasun to compete better with market leader Thomson. ILG wanted to be able to do this without incurring the additional expense of stationing aircraft and crews at regional UK airports to operate a small number of seasonal flights only or, alternatively, incurring the cost of operating empty legs with aircraft repositioned from its two main bases at Gatwick and Manchester.^[1]:145 In general, liberalization refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. ... In accounting, an expense represents an event in which an asset is used up or a liability is incurred. ... In economics, business, and accounting, a cost is the value of inputs that have been used up to produce something, and hence are not available for use anymore. ...

This resulted in an arrangement whereby Air Europa's aircraft were flying German and Scandinavian holidaymakers during daytime and Intasun's regional customers at night.^[1]:145 The resulting higher aircraft utilisation and lower direct operating costs for Air Europa compared with Thomson sister company Britannia Airways, the UK's leading charter airline and Air Europe's most formidable competitor in the European charter market, in turn enabled Intasun to undercut Thomson's prices. For other uses, see Scandinavia (disambiguation). ...

Scheduled services

Air Europe took its first tentative steps to become a scheduled service airline in 1980, its second year of operation. However, the attempt failed.^[1]:46 Year 1980 (MCMLXXX) was a leap year starting on Tuesday (link displays the 1980 Gregorian calendar). ...

Low-frequency scheduled services on selected leisure routes to destinations already served by Air Europe's charter operation did eventually commence in 1985.^{[1]:78, 110} This article is about the year. ...

City-pair scheduled services plying the major international European trunk routes from Air Europe's Gatwick base began in 1987.^[1]:93-4 Year 1987 (MCMLXXXVII) was a common year starting on Thursday (link displays 1987 Gregorian calendar). ...

As part of a major scheduled service expansion, Air Europe launched a new business class in 1988. This was accompanied by an increase in frequencies on most of its scheduled European trunk routes. It also introduced a new, dedicated "scheduled service aircraft type" from late 1989 onwards.^{[1]:132-3, 161, 163} Year 1988 (MCMLXXXVIII) was a leap year starting on Friday (link displays 1988 Gregorian calendar). ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

At that time, work started on licence applications for several long-haul scheduled services.^[1]:157

An abortive attempt to go long-haul

Air Europe prepared to enter the scheduled service market as early as April 1980 when it applied to the CAA for a licence to begin a year-round scheduled operation between London Gatwick and Miami, in direct competition with both Laker Airways and Air Florida as well as in indirect competition with British Airways' and Pan Am's services from Heathrow. The service was due to commence in 1982, at a frequency of five weekly return flights in summer and four weekly round-trips in winter. Air Europe proposed operating the service either with a McDonnell Douglas DC-10 30 series widebodied trijet or a Rolls-Royce RB211-powered Boeing 747-200B. Air Europe had already reserved delivery positions with both manufacturers. In support of its application, the airline stressed that any spare capacity would be filled with its tour operator affiliates' customers. It hoped that this would convince the CAA of the proposed operation's viability on a year-round basis, especially during off-peak periods. 1980 (MCMLXXX) was a leap year starting on Tuesday. ... The Civil Aviation Authority (CAA) is the name for the national body governing civil aviation in a number of countries. ... This article is about the city in Florida. ... Pan American World Airways (Pan Am) was the United States principal international airline from the 1930s until its collapse in 1991, and was credited with many innovations that shaped the international airline industry. ... London Heathrow Airport (IATA airport code: LHR, ICAO airport code: EGLL, and often simply Heathrow) is the United Kingdoms busiest and best-connected airport. ... DC10 redirects here. ... A trijet is an aircraft powered by three jet engines. ... RB211 powered Lockheed L-1011 The Rolls Royce RB.211 family is a family of high-bypass turbofan aircraft engines made by Rolls-Royce capable of generating 37,400 to 60,600 pounds-force (166 to 270 kilonewtons) thrust. ...

In the event, the CAA rejected Air Europe's application. It argued that the airline was still in its infancy as this was only its second year of operation and, therefore, lacked the expertise to take on four established competitors on a major, intercontinental long-haul scheduled service route.^[1]:46

Launching low-frequency services on leisure routes

Air Europe's first successful scheduled route launch occurred on May 2, 1985. On that day the airline launched a four times weekly scheduled service between London Gatwick and Palma de Mallorca. This was followed by further scheduled route launches between Gatwick and Gibraltar as well as Manchester and Gibraltar in November 1985 and November 1986, respectively. May 2 is the 122nd day of the year in the Gregorian calendar (123rd in leap years). ... This article is about the year. ... 1985 is a common year starting on Tuesday of the Gregorian calendar. ... 1986 is a common year starting on Wednesday of the Gregorian calendar. ...

These route launches were part of Air Europe's initial scheduled service strategy to operate low-frequency services on selected leisure routes to destinations already served by Air Europe's charter operation.^[1]:78,110

Taking on the big boys

The gradual liberalisation of the regulatory framework governing the airline industry in Europe from December 1987 onwards provided the legal basis for Air Europe to become the first wholly privately owned, Independent airline to take advantage of the new relaxed policies regarding the operation of fully fledged scheduled services on major European trunk routes in direct competition with the established "flag" carriers. December 28, 1987 Joe Lunde is born. ...

Air Europe considered itself well-placed to take advantage of the new scheduled service opportunities that became available to Independent airlines as a result of the gradual liberalisation of the European air transport market. It enjoyed substantially lower operating costs than the established "flag" carriers because of its much higher aircraft utilisation and labour productivity. This meant that the airline could afford to undercut its rivals' business class fares by about 10-15% on each route where it competed with them.^[1]:127 In relation to access to health care services and in the terminology of Aday and Andersen, utilisation reflects the extent to which potential access is converted into realised access (Aday & Andersen, 1981). ... This article does not cite any references or sources. ...

This, in turn, provided the impetus for the formulation of a new scheduled service strategy, which was internally known as the New European Airline Project (NEAP). The new strategy centred on Air Europe providing competitively priced and timed scheduled services on the eleven busiest international European trunk routes from its Gatwick base. The first batch of services was to be inaugurated with four brand-new Boeing 737-300s Air Europe had then on order, in a single-class, high-density configuration, at a frequency of two round-trips per day.^{[1]:93-96, 105} All flights were to offer a full on-board service.

The early morning outbound service from Gatwick was to be the earliest flight of the day from any London airport to each of the destinations to be served. The late evening inbound service to Gatwick was to be the last flight of the day to any London airport. Air Europe hoped that offering the first flight out as well as the last flight back would strengthen its competitive position vis-à-vis its rivals by giving passengers a longer working day, thereby helping them to cut down on overseas accommodation costs.^[1]:93-4

Other important reasons for choosing these departure and arrival times at Gatwick for Air Europe's proposed network of short-haul, international European scheduled services were the availability of slots at an increasingly congested Gatwick and the "in-built" bias in travel agents' CRSs.^[1]:93-4 A computer reservations system, or CRS, is a computerized system used to store and retrieve information and conduct transactions related to travel. ...

The former meant that the only competitively timed slots that were then available at Gatwick due to the airport's tight slot situation were early morning and late evening slots.^[1]:93-4

The latter meant that operating the first flight of the day out of anywhere displayed that flight at the very top of the travel agent's VDU screen. This automatically accorded it the highest priority among all the flights listed on the agent's screen and, therefore, made it more likely to be booked in a typical travel agency's high-pressured work environment.^[1]:93-4 Nineteen inch (48 cm) CRT computer monitor A computer display, monitor or screen is a computer peripheral device capable of showing still or moving images generated by a computer and processed by a graphics card. ...

Air Europe submitted its application to launch scheduled services from Gatwick to Paris, Amsterdam, Brussels, Frankfurt, Munich, Zürich, Geneva, Rome, Oslo, Stockholm and Copenhagen to the CAA in November 1986. It requested the CAA to approve its application in time for a spring 1987 launch.^[1]:94-5 This article is about the capital of France. ... For other uses, see Amsterdam (disambiguation). ... For other places with the same name, see Brussels (disambiguation). ... For other uses, see Frankfurt (disambiguation). ... For other uses, see Munich (disambiguation). ... For other uses of Zurich, see Zurich (disambiguation). ... Geneva (pronunciation //; French: Genève //, German:   //, Italian: Ginevra //, Romansh: Genevra) is the second most populous city in Switzerland (after Zürich), and is the most populous city of Romandy (the French-speaking part of Switzerland). ... For other uses, see Rome (disambiguation). ... This article is about the capital of Norway. ... For other uses, see Stockholm (disambiguation). ... For other uses, see Copenhagen (disambiguation). ...

Eventually, services commenced in December 1987 to Munich, followed by Paris Charles de Gaulle in February 1988 and Brussels in April 1988.^{[1]:115-6, 119-120, 122} The new logo of Aéroports de Paris used since 6 June 2005 Charles de Gaulle International Airport (IATA: CDG, ICAO: LFPG) (French: ), also known as Roissy Airport (or just Roissy in French), in Paris, is one of Europes principal aviation centres, as well as Frances main international... 1988 is a leap year starting on a Friday of the Gregorian calendar. ... 1988 (MCMLXXXVIII) was a leap year starting on a Friday of the Gregorian calendar. ...

Establishing a regional airline operation

In June 1988 ILG took over Connectair, a small, Gatwick-based regional airline. Following that airline's acquisition by ILG, Connectair was re-branded Air Europe Express and adopted a new corporate identity as of February 1, 1989.^[1]:123 1988 (MCMLXXXVIII) is a leap year starting on a Friday of the Gregorian calendar. ... // CityFlyer Express was an independent, short haul regional airline based at London Gatwick Airport in England. ... It has been suggested that Corporate Visual Identity Management be merged into this article or section. ... is the 32nd day of the year in the Gregorian calendar. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

ILG's decision to purchase Connectair was part of Air Europe's corporate strategy at the time to establish itself as a major short-haul scheduled operator at its Gatwick base. Gatwick had become very busy during the late 1980s. This meant that the much-coveted early-morning peak time slots, which Air Europe needed to be able to operate at times that were attractive to business travellers as well as competitive with its rivals' departure and arrival times, were in increasingly short supply. Connectair held a fairly large number of conveniently timed slots at Gatwick. ILG's acquisition of Connectair therefore represented a "golden opportunity" to substantially increase the number of slots the group's airlines controlled at Gatwick, thereby strengthening Air Europe's competitive position at that airport.^[1]:123

Air Europe Express flew under the same AE airline designator as its bigger sister airline.

Its scheduled services initially linked Gatwick with Antwerp, Düsseldorf, Jersey and Rotterdam.^[1]:122 For other uses, see Antwerp (disambiguation). ... The title of this article contains the character ü. Where it is unavailable or not desired, the name may be represented as Duesseldorf. ... Nickname: Motto: Sterker door strijd (Stronger through Struggle) Location of Rotterdam Coordinates: , Country Netherlands Province South Holland Government  - Mayor Ivo Opstelten  - Aldermen Jeannette Baljeu Hamit Karakus Orhan Kaya Lucas Bolsius Jantine Kriens Dominic Schrijer Roelf de Boer Leonard Geluk Area [1]  - City 319 km²  (123. ...

Larger Shorts 360s gradually replaced the Shorts 330s.^[1]:122 The Shorts 360 is a commuter aircraft built by Short Brothers of Belfast, Northern Ireland, which is now a division of Bombardier of Canada. ... Short C-23 Sherpa The Shorts 330 is a small transport aircraft created by Short Brothers. ...

In April 1989 ILG purchased Guernsey Airlines, another small, Independent regional airline, which operated scheduled services between Guernsey and Gatwick as well as between Guernsey and Manchester at the time. On October 29, 1989 ILG fully integrated Guernsey Airlines into its existing Air Europe Express operation.^[1]:123-4 April 1989 is a time. ... is the 302nd day of the year (303rd in leap years) in the Gregorian calendar. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

These moves provided Air Europe with additional transfer traffic for its developing short haul European scheduled route network. They also enabled Air Europe to launch new routes where there was insufficient traffic to support its larger Boeing 737 and Fokker 100 jet aircraft or where these aircraft were too big to provide a frequent schedule during the start-up phase, such as Gatwick-Düsseldorf and Gatwick-Jersey for instance. The Fokker 100 is a medium size twin-turbofan airliner from the Fokker company. ...

Following the replacement of the Air Europe Express Shorts 360 turboprops with Air Europe's larger and faster Fokker 100 jets on the Gatwick-Düsseldorf and Gatwick-Jersey routes, Air Europe Express launched a new thrice-daily Gatwick-Birmingham schedule with its Shorts 360s.^[1]:124 This article is about the British city. ...

During the year ending August 1990 the Air Europe Express operation carried more than a quarter of a million passengers across its route network for the first time.^[1]:123 1990 is a common year starting on Monday of the Gregorian calendar. ...

Air Europe Express was forced to halt its operations on March 8, 1991 along with its sister airlines in the ILG-controlled Airlines of Europe group as a result of its parent company's decision to put all the group's companies into administrative receivership on that day, even though Air Europe Express itself had remained profitable throughout that period. is the 67th day of the year (68th in leap years) in the Gregorian calendar. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ... Administration is a procedure under the insolvency laws of a number of common law jurisdictions which functions as a rescue mechanism for insolvent companies and allows them to carry on running their business. ...

Introducing a new aircraft type to compete on frequency as well as price

In early 1988 Air Europe began evaluating several aircraft types that had a lower seat capacity as well as lower direct operating costs per round-trip than the airline's Boeing 737-300/400s to enable it to penetrate the high-yield business travel market more effectively with a "tailor-made" product. Operating a fleet of dedicated, lower capacity "scheduled" aircraft with lower trip costs in a lower density configuration at higher frequencies on the main short-haul European trunk routes from Gatwick had the potential to attract a far greater share of the highly profitable business travel market, thereby transforming the financial performance of the scheduled routes.^{[1]:132, 188} In financial economics, the yield of a financial instrument/security (finance), usually a debt instrument, or other investment is the rate of return the holder earns on that instrument. ...

At the same time, Air Europe decided that it would also need to launch a separate business class cabin on all scheduled routes that had the potential to attract a large number of business travellers to penetrate this market segment effectively and to maximise its profit potential. This led to the launch of a new business class on October 24, 1988, culminating in the refurbishment of seven aircraft and the kitting out of 800 staff with new uniforms.^[1]:124-128 is the 297th day of the year (298th in leap years) in the Gregorian calendar. ... Year 1988 (MCMLXXXVIII) was a leap year starting on Friday (link displays 1988 Gregorian calendar). ...

At the end of a detailed performance evaluation of an updated, re-engined, Rolls-Royce Tay-powered version of the original BAC One-Eleven 500 featuring a 1990s style "glass cockpit", the BAe 146-300 and the Fokker F100, Air Europe decided to place an order for eleven RR Tay-powered F100s, including an option on a further eleven aircraft, in March 1988. Deliveries of the aircraft on firm order were to begin in late 1990. Air Europe primarily chose the F100 as its main, dedicated "scheduled" aircraft to ply its business routes because it promised 25% lower trip costs than the 737-300/400. (It rejected both rival contenders because these had revealed serious range/payload shortcomings during the evaluation process.)^[1]:132,188 The Rolls-Royce Tay was essentially an (optionally) afterburning version of the Nene, aimed at the same military market that the Nene served. ... The BAe 146 (also known as the Avro RJ) is a medium-sized commercial aircraft manufactured by BAE SYSTEMS. It carries its four jet engines on a high wing above the fuselage; not below, or at mid-fuselage, as on most conventional civilian aircraft. ... The Fokker F100 is a small twin-turbofan regional airliner from the Fokker company. ... The Rolls Royce logo Rolls-Royce is a set of several companies, all deriving from the British automobile and aero-engine manufacturing company founded by Henry Royce and C.S. Rolls in 1906. ... The Fokker F100 is a small twin-turbofan regional airliner from the Fokker company. ... 1988 (MCMLXXXVIII) is a leap year starting on a Friday of the Gregorian calendar. ... Year 1990 (MCMXC) was a common year starting on Monday (link displays the 1990 Gregorian calendar). ... In military aircraft or space exploration, the payload is the carrying capacity of an aircraft or space ship, including as cargo, munitions, scientific instruments or experiments, or external fuel, although internal fuel is usually not included. ...

A subsequent change in KLM's short-haul fleet requirements unexpectedly released four F100s from an order that airline had originally placed with Fokker. This enabled Air Europe to lease these aircraft, thereby bringing forward the date of the F100's introduction into its fleet by a year.^[1]:132-3 KLM can also refer to KLM (Human Computer Interaction) KLM Royal Dutch Airlines (in full: Koninklijke Luchtvaart Maatschappij, literally Royal Air Transport Company; usual English: Royal Dutch Airlines) is an airline subsidiary of Air France-KLM based in Amsterdam, the Netherlands. ... Fokker was a Dutch aircraft manufacturer named after its founder, Anthony Fokker. ...

Air Europe's inaugural commercial F100 service departed Gatwick for Brussels on December 4, 1989.^[1]:133 is the 338th day of the year (339th in leap years) in the Gregorian calendar. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

The F100's introduction enabled Air Europe to increase frequencies to a minimum of three daily round-trips on most of the routes the aircraft served.^[1]:161 (Higher frequencies were eventually offered on the Gatwick-Charles de Gaulle and Gatwick-Brussels routes following British Airways' release of slots formerly held by British Caledonian, as part of a deal to permit it to take over its erstwhile competitor.^[1]:128 ) The new logo of Aéroports de Paris used since 6 June 2005 Charles de Gaulle International Airport (IATA: CDG, ICAO: LFPG) (French: ), also known as Roissy Airport (or just Roissy in French), in Paris, is one of Europes principal aviation centres, as well as Frances main international...

The F100's introduction also enabled Air Europe to introduce "mainline" jet services between Gatwick and Jersey, following British Airways' withdrawal from what had always been one of British Caledonian's few, genuinely profitable short-haul routes, as well as to replace the Air Europe Express service between Gatwick and Düsseldorf.^{[1]:94, 163}

Furthermore, Air Europe's F100-operated scheduled services showed excellent load factors and enabled each new route launched with that aircraft to become profitable within three months.^[1]:135

Ordering a new long-haul fleet and other aircraft commitments

Air Europe decided to become the launch customer for the Rolls-Royce Trent-powered version of the McDonnell Douglas MD-11 in late 1989 when it announced its intention to place a firm order for six aircraft and to take an option on a further twelve. The first of these aircraft was to be delivered in 1993.^{[1]:165, 169} Rolls-Royce Trent 900 on A380 prototype Rolls Royce Trent is a family of high bypass turbofan engines manufactured by Rolls-Royce. ... The McDonnell Douglas MD-11 is an American three-engine medium to long-range widebody airliner, with two engines mounted on underwing pylons and a third engine at the base of the vertical stabilizer. ... Year 1993 (MCMXCIII) was a common year starting on Friday (link will display full 1993 Gregorian calendar). ...

The airline intended to use these aircraft to operate a mix of long-haul charter and scheduled services, thereby helping sister company Intasun to reduce its dependence on third party suppliers to provide it with long-haul capacity.

Work on licence applications to launch new, long-haul scheduled routes from London Gatwick to New York, the Caribbean, Australia and New Zealand to be operated with the new MD-11s commenced during the autumn of 1989. However, these never reached the hearing stage.^[1]:157 This article is about the state. ...

In addition to the MD-11 order, Air Europe had outstanding orders for an additional 22 Boeing 757-200s, eight Boeing 737-400s as well as eleven Fokker F100s during that period.^[1]:165-6

In April 1990 Air Europe furthermore signed a MoU with Airbus Industrie for a firm order covering the delivery of 40 A320 200 series twin-engined, narrowbodied aircraft for delivery between May 1995 and December 1998. (It also took options on another 40 aircraft, the deliveries of which would have stretched to November 2001 if confirmed.)^[1]:165-6 1990 is a common year starting on Monday of the Gregorian calendar. ... A memorandum of understanding (MOU) is a legal document describing a bilateral agreement between parties. ... Airbus S.A.S. is a commercial aircraft manufacturer based in Toulouse, France. ... The Airbus A320 is a short to medium range commercial passenger aircraft manufactured by Airbus. ... 1995 was a common year starting on Sunday of the Gregorian calendar. ... 1998 is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... November 2001 : January - February - March - April - May - June - July - August - September - October - November - December November - The Doha Declaration slightly relaxes the grip of international intellectual property. ...

ILG's abortive attempts to take over British Caledonian Group

ILG launched its first takeover bid, which valued British Caledonian Group at £36m, in May 1986.^[1]:92 (That bid materialised after several rounds of inconclusive talks exploring ways of combining the short-haul businesses of Air Europe and BCal in a new joint venture, which had taken place between ILG and British Caledonian Group since the end of 1985.) At the time BCal's senior management dismissed ILG's bid as "derisory" because it valued the entire British Caledonian Group's assets far below their minimum expectations.^[3]:525 1986 (MCMLXXXVI) is a common year starting on Wednesday of the Gregorian calendar. ... Livery of British Caledonian on an Airbus A310-200 circa 1984 British Caledonian Boeing 707 at Gatwick Airport June 1975. ...

ILG decided to launch a new counter bid for the entire British Caledonian Group at the end of July 1987, following British Airways' outright rejection of ILG chairman Harry Goodman's offer to purchase BCal's short-haul operation for a "fair" price and to merge that operation with the short-haul operations of ILG subsidiary Air Europe, in return for not having the proposed BA-BCal deal referred to the MMC.^[1]:102-3 1987 is a common year starting on Thursday of the Gregorian calendar. ... The Competition Commission (formerly the Monopolies and Mergers Commission) is an organisation that is financed by the government that investigates proposed monopolies or mergers and checks if they are in the public interest. ...

Air Europe was concerned that a new entity combining BA and BCal had the power to destroy the UK's remaining Independent airlines, especially with regard to their ability to compete with such a behemoth.^[4]:544 At the time Air Europe had ambitions of its own to become a major short-haul scheduled operator.^[4]:544 It was planning to launch eleven new routes from Gatwick to Europe, thereby replacing and enhancing the services BCal had provided. Given a combined BA-BCal's superior financial strength, considerably lower borrowing costs and far greater economies of scale, Air Europe's management felt that it would be imprudent to launch these new routes if it had to compete with BA out of Heathrow and Gatwick as well. Therefore, its parent ILG had decided to make a counter bid, which it hoped would either kill off BA's proposal to take over BCal lock, stock and barrel or result in it being referred to the MMC. The increase in output from Q to Q2 causes a decrease in the average cost of each unit from C to C1. ...

To enhance its credibility as a serious contender, Air Europe's bid contained a detailed proposal to return BCal to profitability by way of a reorganisation. This proposal had been prepared by a retired BA head of route planning whom ILG had specifically hired for this purpose. The proposal itself entailed separating BCal into four discrete businesses, each of which would have had its own management who would have been accountable for the performance of their own business unit. The businesses into which BCal was to be split included a long-haul operation using the existing BCal brand, a short-haul operation to be merged into Air Europe's existing short-haul operation using the BCal brand to serve business routes and the Air Europe brand to serve leisure markets as well as an engineering and a ground handling unit.^[1]:103

BCal's senior management rejected ILG's renewed bid on the grounds that it still did not adequately reflect the value of the group's assets, in particular those of BCal. In addition, BCal's senior management felt that both airlines' nature of operations and their business strategies were incompatible and that therefore there were no synergies to be gained from combining BCal with what they regarded as "just a charter airline". Synergy (from the Greek synergos, συνεργός meaning working together, circa 1660) refers to the phenomenon in which two or more discrete influences or agents acting together create an effect greater than that predicted by knowing only the separate effects of the individual agents. ...

Air Europe's unsuccessful attempt to see off ailing Dan-Air

The presence of Dan-Air, a major scheduled and charter operator at Gatwick and Manchester, Air Europe's two largest bases, meant that Air Europe was facing a potential competitor for every additional scheduled service and charter contract that became available. Dan-Air's large-scale presence at Gatwick, the airport's increasing scarcity of early morning peak time slots, and the fact that Dan-Air had already been licensed to operate scheduled services to some of the destinations Air Europe wanted to serve as well while only a quarter of London's and a third of the entire Southeast's population lived in Gatwick's catchment area also meant that attaining the "critical mass" to make its scheduled operation viable became an uphill struggle for Air Europe. This situation was made worse by the state of the British economy in the late 1980s, which was overheating and going to give way to a major recession during the early years of the following decade.^{[1]:166, 169} South East England is one of the nine official regions of England. ... In macroeconomics, a Recession is a decline in any countrys Gross Domestic Product (GDP), or negative real economic growth, for two or more successive quarters of a year. ...

In addition, the CAA's decision to re-allocate the licences for several of British Caledonian's short-haul Gatwick feeder routes, which British Airways had agreed to return to the licensing process as a concession to have its takeover of that airline approved, to Air Europe, Air UK and Dan-Air weakened the overall performance of the airport's scheduled services.^[1]:157 As a result of this decision, Air Europe was excluded from the two main London-Scotland trunk routes and it was forced to compete head-on with Dan-Air to Paris Charles de Gaulle and Jersey. This article needs to be wikified. ... This article is about the country. ...

Dan-Air's growing financial problems at the time provided the impetus for ILG's high-profile publicity campaign not to miss an opportunity to run down its ailing competitor in the press, accusing it of operating old, "gas-guzzling" aircraft. As part of this 'anti-Dan-Air' campaign, ILG had already announced that Intasun was going to reduce the number of aircraft it chartered from Dan-Air from six to three for the 1989/'90 winter season. ILG made a further announcement in this regard, stating that Intasun was no longer going to charter any Dan-Air aircraft for the 1990 summer season and that Air Europe was going to cancel its maintenance contract with Dan-Air Engineering.^[2]:179 Popular press redirects here; note that the University of Wisconsin Press publishes under the imprint The Popular Press. Mass media is a term used to denote a section of the media specifically envisioned and designed to reach a very large audience such as the population of a nation state. ...

However, ILG's campaign to deal a fatal blow to Air Europe's main rival suffered a major setback in October 1990 when Dan-Air's beleaguered management appointed "company doctor" David James, who immediately set about refinancing Dan-Air's parent organisation Davies and Newman Holdings in order to save the airline.^{[1]:166 [2]:180-182} 1990 is a common year starting on Monday of the Gregorian calendar. ... David Noel James, Baron James of Blackheath CBE is a British businessman and corporate trouble shooter and Conservative life peer. ... Refinancing refers to applying for a secured loan intended to replace an existing loan secured by the same assets. ...

ILG's commercial attack on Dan-Air ultimately failed when David James's attempt to refinance Davies and Newman succeeded, with sufficient funds to allow Dan-Air to carry on its business for another two years.^{[1]:169 [2]:187}

The end

At the end of the first week of March 1991 ILG and all of its UK-based subsidiaries entered administration resulting in 4,000 job losses.^[5]:353 Many of the aircraft operated by Air Europe and its regional Air Europe Express affiliate were impounded, leaving a large number of passengers stranded at various airports in the UK and overseas. 1991 is a common year starting on Tuesday of the Gregorian calendar. ... Administration is a procedure under the insolvency laws of a number of common law jurisdictions which functions as a rescue mechanism for insolvent companies and allows them to carry on running their business. ...

The pan-European Airlines of Europe alliance quickly unravelled, with Norway Airlines following its former UK-based parent into liquidation. Liquidation, or winding up, refers to a business whose assets are converted to money in order to pay off debt. ...

Hans Rudolf Wöhrl, NFD's founder and original majority shareholder bought back the stake he had sold to ILG from the UK group's administrators, thereby saving the airline.

Air Europa not only managed to survive ILG's spectacular collapse but also successfully established itself as one of the leading charter and scheduled operators in Spain.

Similarly, Air Europe Italy became one of the leading Independent airlines in that country following ILG's failure.

(In fact, for many years the aircraft of Air Europe's Spanish and Italian sister airlines remained a visible reminder of their Air Europe heritage through their proud display of the erstwhile UK carrier's livery at numerous airports throughout Europe and farther afield.) For other uses, see Tradition (disambiguation). ...

Causes of collapse

The main causes leading to the collapse of ILG and its UK-based subsidiaries, including Air Europe and Air Europe Express, were:

• A major, unforeseen downturn in traffic as a result of the recessionary economic conditions in the UK and a looming war to liberate Kuwait from Iraqi occupation.^{[1]:169-70, 192}

• Undercapitalisation.

• An unsound financial structure.

• Being financially overextended.

• Lack of ownership of any significant assets.

• A high-risk strategy.

Against the background of a looming war in the Gulf as a result of Iraq's invasion of Kuwait during the summer of 1990 and a major recession in the UK at that time, ILG began suffering heavy losses and mounting debts.^{[1]:169-70,192} Map of the Persian Gulf. ... An invasion is a military action consisting of armed forces of one geopolitical entity entering territory controlled by another such entity, generally with the objective of conquering territory, or altering the established government. ...

ILG/Air Europe's senior management was aware that ILG had been facing a cash crunch from as early as 1989 onwards. This had made it more and more difficult for the group to finance the aircraft it already had on order, notably the F100s and the MD-11s.^[1]:169 It was also clear to them that ILG did not have sufficient funds to run a fully fledged, rapidly growing scheduled operation in addition to a major charter operation.

ILG's opaque financial structure and the fact that as a privately held company its ultimate owners, some of whom were residing abroad, were not subject to the same kind of strict financial disclosure requirements as the owners of publicly listed firms further exacerbated the group's financial instability, thereby contributing to its collapse as well.

In addition to the group's undercapitalisation and its overstretched finances,^{[1]:76, 171, 188-9} ILG generally and Air Europe in particular were not backed up by any significant assets.

For instance, Air Europe did not own any of the shiny, new aircraft in its fleet. (These were usually procured on highly favourable terms from the manufacturers and then sold upon delivery to ILG's in-house leasing subsidiaries, such as AE Finance or AE Norsk, or to third party lessors, such as GPA, from whom the airline subsequently leased them back. This enabled it to keep them off its balance sheet, thereby being relieved of the financial burden resulting from the aircraft's depreciation, while keeping a substantial interest in the aircraft's residual values, which were booked as profits.^[1]:71-2 This sale-and-lease-back activity was a central plank of ILG's corporate strategy. It also constituted a major part of ILG's business and accounted for a large slice of its profits.^[1]:170 ) Guinness Peat Aviation was a company set up in 1975 by Dr. Tony Ryan to lease aircraft. ... This article needs additional references or sources for verification. ... Declining-balance depreciation of a $50,000 asset with $6,500 salvage value over 20 years. ...

Neither did the group hold the titles to the freehold of any of the properties that housed its offices and other facilities that formed an integral part of the business. Freehold is a term used in real estate or real property law, land held in fee simple, as opposed to leasehold, which is land which is leased. ...

Air Europe's massive expansion into high-profile scheduled services plying trunk routes between major European cities towards the end of the 1980s, the airline's huge aircraft commitments lasting well into the 1990s, and ILG's increasing reliance on profits arising from its interest in the US dollar-denominated residual values of the aircraft operated by its airline subsidiaries for the group's overall profitability from 1989 onwards represented a high-risk strategy for an undercapitalised company. This marked a major shift from the original focus on establishing Air Europe and Intasun as a major force in the UK charter airline/package tour market as well as Air Europe's "excursion" into operating scheduled services on selected leisure routes only. Although ILG had justified this strategic shift by the new strategy's far greater rewards compared with the old one, some members among its senior management suspected that there was an "ulterior" motive to all this. It was well known among senior company insiders that several sets of exploratory talks had taken place at various times, involving ILG and British Airways, as well as ILG and American Airlines. ILG had also held similar talks with a number of other interested parties. These talks had centred on how to intensify those parties' co-operation with ILG/Air Europe, including proposals for a full-scale merger/takeover.^{[1]:71-2, 163-166, 170, 188-9} The United States dollar is the official currency of the United States. ... American Airlines, Inc. ... The phrase mergers and acquisitions or M&A refers to the aspect of corporate finance strategy and management dealing with the merging and acquiring of different companies as well as assets. ...

This lack of being an asset-backed organisation with a high-risk strategy made lending money to ILG and its subsidiaries a far riskier proposition than lending to Davies and Newman Holdings, the parent company of Air Europe's ailing rival Dan-Air. Not only did Davies and Newman/Dan-Air actually own many of the aircraft in the ailing airline's fleet, which were mainly older, less efficient planes with a generally low re-sale value, but it also held the title to the freehold of a number of commercial properties, including prime real estate in the City of London. Moreover, Davies and Newman was the owner of Dan-Air Engineering, a sister company of the airline as well as the UK's second-biggest and one of the world's best-equipped aircraft engineering organisations at the time. Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. ... Motto: Domine dirige nos Latin: Lord, guide us Shown within Greater London Sovereign state Constituent country Region Greater London Status City and Ceremonial County Admin HQ Guildhall Government  - Leadership see text  - Mayor David Lewis  - MP Mark Field  - London Assembly John Biggs Area  - Total 1. ...

These were the main reasons ILG's lenders, notably Lloyds Bank plc, which also had a substantial financial exposure to Davies and Newman, ultimately decided to pull the plug on the former rather than the latter, despite Air Europe being perceived as operationally far superior and financially stronger than Dan-Air by many of those who had no intimate knowledge of the true state of ILG's finances.^{[1]:172 [2]:183} This included many well-reputed industry analysts as well as seasoned observers. Lloyds TSB Group plc is a group of financial services companies, based in the United Kingdom, with the registered office in Edinburgh, Scotland. ...

The airline's legacy

Unlike many of its contemporary charter airline rivals, as exemplified by Dan-Air, one of its chief rivals, Air Europe had made a name for itself by becoming a pioneer in offering genuinely enjoyable as well as affordable jet travel for the average holidaymaker, which decisively broke with the charter airline industry's "cheap but cheerful" image.^{[1]:16-7, 21, 23, 42-3, 187}

Air Europe was also typical of the trend which dominated the British holiday market in the 1980s, with tour companies operating their own in-house airlines, which, although accruing considerable capital expense in the first instance, enabled these companies to offer lower prices by effectively cutting out the "middle man".

Intasun and its associated ILG-owned tour companies, Global and Lancaster, became what many consumers saw as the "cheaper" alternative to the other main British tour operator of the time, Thomson Holidays.

The existence of these two major brands helped open up the foreign holiday market. The fierce competition between them provided families with affordable and competitive packages.

Air Europe and Intasun were used as a template for many aspiring British tour operators, such as Cardiff-based Aspro Holidays, which launched its own in-house airline, Inter European Airways in 1987 and Airtours (later rebranded as MyTravel), which merged with Aspro in 1993, to create the second largest tour operator in the UK and which was widely recognised as the direct successor to Intasun and Air Europe. It has been suggested that MyTravel Airways A/S be merged into this article or section. ...

Facts of interest

Many Air Europe aircraft had out of sequence registrations, especially in the early years. These aircraft's registrations generally followed the initials of its executives, financial backers and/or promoters. The aircraft were also named after these people's spouses or children.

Air Europe's Boeing 737-200 "Advanced" had the following out of sequence registrations and names:

• G-BMHG - Harry Goodman, Intasun (later ILG)'s and Air Europe's chairman. The aircraft was named Adam (after Errol Cossey's son and following Air Europe's first initial).
• G-BMOR - Martin O ' Regan, Air Europe's chief executive. The aircraft was named Eve (following Air Europe's second initial).
• G-BMEC - Errol Cossey, Air Europe's commercial director. The aircraft was named Joy (after Harry Goodman's wife).
• G-BJFH - Sir James F. Hill, Executive Director. The aircraft was named Roma.
• G-BMSM - Stephen Matthews, an ILG employee. The aircraft was named Sandy (after Stephen Matthews' wife).
• G-BRJP - Roy J. Phillips, Air Europe's chief engineer. The aircraft was named Louise (after Roy Phillips' wife).
• G-DDDV - Desmond de Verteuil, Air Europe's first chief pilot. The aircraft was named Peggie (after Des de Verteuil's wife).

Air Europe's first two Boeing 757s had the following out of sequence registrations and names:

• G-BKRM - Renée Manchester, Air Europe's first chief stewardess. The aircraft was named Fiona (after Errol Cossey's daughter).
• G-BPGW - Peter G. Woodward, an Air Europe director. The aircraft was named Anne Marie (after Peter Woodward's wife).

Air Europe's first British-registered F100 had the following out of sequence registration:

• G-FIOO.

Air Europe's first MD-11 was allocated the following out of sequence registration:

• G-MDII.^{[1]:7-8, 11, 17, 20, 26-7, 29, 33-4, 55, 58, 64, 67, 193-4, 202}

Air Europe clocked up its first 1m miles on July 26, 1979, its load factor averaged 94% during the peak month of August and the 100,000th passenger boarded in September.^[1]:35 is the 207th day of the year (208th in leap years) in the Gregorian calendar. ... Also: 1979 by Smashing Pumpkins. ...

Air Europe made an operating profit after only nine weeks of trading.^[1]:36

Air Europe was allocated the two-letter AE airline identification designator in October 1980, allowing it to replace the initial KS designator.^[1]:37 1980 (MCMLXXX) is a leap year starting on Tuesday. ...

Air Europe's application to the CAA requesting permission to carry mail and newspapers on its regular charter services from London Gatwick to Gibraltar on days when there were no scheduled flights was approved on November 7, 1980.^[1]:45 is the 311th day of the year (312th in leap years) in the Gregorian calendar. ... Year 1980 (MCMLXXX) was a leap year starting on Tuesday (link displays the 1980 Gregorian calendar). ...

Air Europe introduced a separate premium class cabin branded "Premier Class" on its charter flights between London Gatwick and Funchal in November 1983.^[1]:63 Funchal at night Funchal (pron. ... 1983 (MCMLXXXIII in Roman) is a common year starting on Saturday of the Gregorian calendar. ...

Air Europe became the first customer in the then brand-new American Airlines flight training centre near Gatwick Airport in 1983.^[1]:43 Gatwick Airport (IATA Airport Code: LGW, ICAO Airport Code: EGKK) is Londons second airport and the second largest airport in the UK after Heathrow. ... Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ...

Air Europe won the prestigious Travel Trade Gazette Top Charter Airline of the Year award twice in two consecutive years, i.e. 1983 as well as 1984.^[1]:66

Air Europe achieved full Category III compliance in 1985.^[1]:73 The cinema of Hong Kong is one of the three major threads in the history of Chinese language cinema, alongside the cinema of China, and the cinema of Taiwan. ...

Air Europe operated its own airside executive lounge at Gatwick's South Terminal.^[1]:77-8

Air Europe staff working on the Boeing 747 leased from Tower Air during 1989-'90 nicknamed the aircraft "Fat Freddie" after the last two letters of its US registration N602FF.^{[1]:131, 200}

ILG was estimated to have gross liabilities of £460m at the end of October 1990 and it lost £56m in its last three months of trading.^[1]:177

Accidents and incidents

Air Europe had an unblemished safety record throughout its twelve-year existence.

During that time there never was a fatal accident involving an Air Europe aircraft as a result of good airmanship and an extremely high safety consciousness throughout the organisation. It was one of the company's greatest contributions to European commercial aviation.

However, there was one noteworthy non-fatal incident involving an Air Europe aircraft.

• On December 17, 1989 F100 PH-ZCL suffered a flight deck fire while on the ground at Copenhagen's Kastrup Airport. The aircraft was taken out of service and sent to the Netherlands for repairs. It re-entered service on June 22, 1990.^[1]:202

December 17 is the 351st day of the year (352nd in leap years) in the Gregorian calendar. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ... For other uses, see Copenhagen (disambiguation). ... Copenhagen Airport (Københavns Lufthavn, Kastrup in Danish) located on the island Amager, is the major airport serving Copenhagen, Denmark. ... is the 173rd day of the year (174th in leap years) in the Gregorian calendar. ... Year 1990 (MCMXC) was a common year starting on Monday (link displays the 1990 Gregorian calendar). ...

Code data

• Former IATA Code: AE
• Former callsign:

“IATA” redirects here. ... In broadcasting and radio communication, a callsign or call sign (also call letters) is a unique designation for a transmitting station. ...

References

1. ^ ^{a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd de df dg dh di dj dk dl dm dn do dp dq dr ds dt} Simons, Graham M. (1999). It was nice to fly with friends! The story of Air Europe. GMS Enterprises. ISBN 1-8703-8469-5. 
2. ^ ^{a b c d e f g h i} Simons, Graham M. (1993). The Spirit of Dan-Air. GMS Enterprises. ISBN 1-8703-8420-2. 
3. ^ Thomson, Adam (1999). High Risk: The Politics of the Air. Sidgwick and Jackson. ISBN 0-2839-9599-8. 
4. ^ ^{a b} Thomson, Adam (1999). High Risk: The Politics of the Air. Sidgwick and Jackson. ISBN 0-2839-9599-8. 
5. ^ Branson, Richard (2006 [2nd reprint]). Losing my Virginity - The Autobiography. Virgin Books Ltd. ISBN 0-7535-1020-0. 

External links

• contemporary timetable images (Air Europe UK)
• contemporary timetable images (Air Europe Italy)
• contemporary timetable images (Air Europa)
• Air Europe Italy website
• Air Europa website