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Wednesday, 28 October 2009 00:45
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Hanvey: SATSair Shut Down, But Not Out


Oct 27, 2009

By George Larson

 SATSair Cirrus 22

 

 SATSair President and CEO Stephan Hanvey said Oct. 27 that although the company has ceased flying operations as of Oct. 23, it has not shut down.

"We know our business model works," Hanvey insisted. Although he declined to go into the reasons for the apparent temporary halt in the company's "air cab" operations, he acknowledged that the decline in the U.S. national economy has undoubtedly played a role. The timing of the announcement suggested that the decision was based on an eleventh-hour development.

Photo Credit -    AviationWeek.com

READ MORE:    AviationWeek.com

 

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