Albanian Airlines

Albanian Airlines
IATA ICAO Callsign
LV LBC ALBANIAN
Founded 1991
Ceased operations 2011
Hubs Tirana International Airport Nënë Tereza
Fleet size 4
Destinations 9
Company slogan The Spirit of Albania
Parent company Advanced Construction Group (ACG)
Headquarters Tirana, Albania
Website http://www.albanianair.com/

Albanian Airlines MAK Sh.p.k (trading as Albanian Airlines) was an airline based in Tirana, Albania. It operated scheduled international services. Its main hub was Tirana International Airport Nënë Tereza.[1] On 11 November 2011 Albania’s Civil Aviation Authority revoked the license of Albanian Airlines.[2]

History

The airline was established in May 1991 under the name of Arberia Airlines, and was the private airline of politicians for communist Albania. It was later renamed to Albanian Airlines in May 1992 and started open operations to the public on 20 June 1995. It was formed as a joint venture between the Albanian state-owned Albtransport and Tyrolean Airways of Austria flying a single Austrian registered, De Havilland Canada Dash 8 - 102 (MSN 242). Tyrolean opted out of the relationship in 1997, taking back the single Dash 8.

Privatisation

An Albanian Airlines Airbus A320

Albanian Airlines was privatised in the same year and sold to Kuwait-based M.A. Kharafi & Sons Group. As a result, it was restructured in 1997 when its operations were based on a single Airbus A320 aircraft leased from Shorouk Air of Egypt. By 2001 it operated a fleet of four Tupolev Tu-134 aircraft on scheduled services from Tirana to Bologna, Frankfurt, Istanbul, Pristina, Rome and Zürich. In July 2001, Albanian Airlines started upgrading its fleet by gradually removing its Tupolev aircraft and acquired its first BAe 146. Two more BAe 146 were added in 2003 and 2004. This upgrading process allowed the company to expand to new strategic markets such as Belgium and Germany.

Advanced Construction Group (ACG) Sh.p.k.

Original logo of Albanian Airlines

In August 2008, Albanian Airlines was purchased by the Advanced Construction Group (ACG) Sh.p.k. in Tirana, Albania, by the President Yahia Farwati, who purchased 100% of capital from the Kuwaiti-based M.A. Kharafi & Sons Group.

On 14 August 2009, it was announced that Albanian Airlines had been sold to Turkish Even Group, which was purchased by Evsen Group 93% and 7% retained by the Advanced Construction Group.

In March 2012, the 93% of Albanian Airlines shares was returned with a court decision to Advanced Construction Group (ACG) with owner Yahia Farwati. Now, Advanced Construction Group (ACG) owns 100% of its shares.

With this investment came a new logo, addition of destinations, and an addition of aircraft to the existing fleet. In 2009, the carrier saw the addition of aircraft are two Boeing 737 as well as one Boeing 757, all of which were leased from Air Slovakia.

On 9 October 2009, it was announced that Albanian Airlines would soon open new destinations to Paris, Amsterdam, Milan, Rome, Athens, Jeddah, Beijing and later the United States of America. Along with lower rates of travel, the addition of more Fokker 100, and scheduled use of the Boeing 747, such claims fell through due to financial problems, including the repossession of all leased aircraft from Air Slovakia.[3]

Destinations

Fleet

Albanian Airlines British Aerospace BAe 146-200

In October 2011, the Albanian Airlines fleet consisted of the following aircraft with an average age of 22.5 years:[4]

Albanian Airlines fleet
Aircraft Total Orders Passengers Notes
BAe 146-100 1 0 73
BAe 146-200 1 0 92
BAe 146-300 2 0 92 and 98
Total 4 0

See also

References

  1. ↑ "Directory: World Airlines". Flight International. 27 March 2007. p. 72.
  2. ↑ Ledion Veshi, "Civil Aviation Authority Revokes License of Albanian Airlines", balkans.com, 14 November 2011
    - Besar Likmeta, "Albania to Ground Airline Owned by Arrested Businessman", SManalysis blog, 14 November 2011
    - "Albania revokes license of Albanian Airlines", Associated Press on Blomberg Businessweek, 14 November 2011
  3. ↑ Albanian Airlines - Spirit of Albania
  4. ↑ Albanian Airlines fleet list at planespotters.net

External links

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