Gestair Cargo (Madrid Barajas) has resumed operating under its previous name, Cygnus Air (RGN, Madrid Barajas), after the recent sell off by its owners. Prior to the change, the cargo specialist was owned by Macholfam International (Grupo Gestair) and IMES (Grupo ACS). Cygnus Air is now owned by US entrepreneur Arnold Leonora, the previous owner of Dutch Antilles Express (Curaçao).
Gestair sells off cargo subsidiary; now operating as Cygnus Air again
© Tis Meyer (PlanePics.org)
Also on ch-aviation
Africa West News Update
22Mar2012
Gestair Cargo News Update
23Jul2011
Gestair Cargo News Update
24Jan2010
Gestair Cargo News Update
21Sep2008
Cygnus Air (1998) News Update
30Sep2007
Cygnus Air (1998) News Update
10Dec2006