UK based cargo carrier MK Airlines has resumed a near-full capacity flight programme since resuming operations on 20 June after the joint administrators secured an initial funding agreement with Belfairs Management-owned Transatlantic Aviation.

It marks a rapid change in fortunes for MK Airlines, which had suspended flights and entered administration ten days earlier after failing to complete talks on securing additional funding.

The carrier though maintained its air operator’s certificate (AOC) throughout this period with a view to completing a refinancing deal and resuming operations.

In a statement MK Airlines says it was able to resume flights on 20 June after administrators from BKL Business Recovery secured an initial funding arrangement with Transatlantic Aviation, which is

This entry was posted on Tuesday, June 24th, 2008 at 7:30 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.