History
Founded as Air Zarco on 25 August 1993, the company adopted the trade name Air Madeira until 17 May 2000, when the Memorandum of Association was altered by deed, and the name of EuroAtlantic Airways - Transportes Aéreos S.A. was adopted.
EuroAtlantic is FAA (FAR129) and EASA (JAR OPS1) certified and has a maintenance agreement with TAP Air Portugal. EuroAtlantic operated a direct flight from Lisbon to Dili's Presidente Nicolau Lobato International Airport in January 2008 using a Boeing 757 carrying 140 members of the Portuguese National Guard. It was the first flight to land, larger than a Boeing 737 or a C-130 Hercules at the DIL/WPDL runway.
In 2005, euroAtlantic had €109 million in revenue and a profit of €5.9 million.
EuroAtlantic owns 38% of the national airline of São Tomé and Príncipe, STP Airways. The first flight of STP was to Lisbon, using a EuroAtlantic Boeing 767.
In 2009, EuroAtlantic Airways signed a deal to operate 2 Boeing 777-200ER on behalf of Biman Bangladesh Airlines. The airline is owned by Quanlux (Luxembourg) (45%), Tomaz Julio Teixeira Metello (25%), Anglotel (Luxembourg) (20%) and Danielle Chadrin Metello (10%) and has 239 employees (at March 2007).
EuroAtlantic was known for owning the last operated Lockheed L-1011 in Europe. The Lockheed L-1011 was formally owned by Air Zarco and was built in February 1983 and was obtained by EuroAtlantic in June 2000, but was stored in March 2010 in Amman.
Read more about this topic: EuroAtlantic Airways
Famous quotes containing the word history:
“The history of progress is written in the blood of men and women who have dared to espouse an unpopular cause, as, for instance, the black man’s right to his body, or woman’s right to her soul.”
—Emma Goldman (1869–1940)
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)
“The history of all Magazines shows plainly that those which have attained celebrity were indebted for it to articles similar in natureto Berenice—although, I grant you, far superior in style and execution. I say similar in nature. You ask me in what does this nature consist? In the ludicrous heightened into the grotesque: the fearful coloured into the horrible: the witty exaggerated into the burlesque: the singular wrought out into the strange and mystical.”
—Edgar Allan Poe (1809–1849)