Saipan Air (Saipan) has announced that it has now given up its plans to start scheduled charter operations from Saipan to China and Japan following its operator Swift Air (United States of America) (Greensboro Piedmont Triad International) bankruptcy filing. According to Swift Air's filing it owes Saipan Air $1.3 million in payments taken for the wet-lease agreement it has now cancelled. Saipan Air owner Tan Holdings has announced that it considers taking legal action against the owners of Swift Air for criminal possible criminal activities.
By Thomas Jaeger
01Jul2012