SATSair

SATSair
IATA ICAO Callsign
SYK AEROCAB
Founded 2004
Ceased operations 24 October 2009
Fleet size 26 Cirrus SR22
Headquarters Greenville, South Carolina, United States
Website www.satsair.com

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

History

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

Cirrus Design, the company that manufactured the aircraft used by SATSair, was a major shareholder having acquired a 25-percent stake of SATSair in July 2006.[1][3]

On 24 October 2009 SATSair ceased operations "due to circumstances." The cessation of operations was not unexpected as five of the company's aircraft had been repossessed and were without engines and a further ten company SR22s had been sitting on the ramp without engines for some time.[1][2]

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

See also

References

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


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