History
The airline was established as a regional passenger carrier in 1994 but started full cargo operations in November 1998. It was founded by Regional Airlines of France and business airline Gestair of Spain as Regional Líneas Aéreas. It operated scheduled passenger flights from Madrid with a fleet of Saab 340 until January 1998. It then re-emerged as Cygnus Air operating all-cargo services with two Douglas DC8-62F aircraft. In July 2002, a DC8-73F was phased in. The airline is owned by Macholfam International (Grupo Gestair) (60%) and IMES (Grupo ACS) (40%). From 2006 onward, and for legal concerns, its legal name changed to Corporación Ygnus Air. Since May 2007, its commercial name has changed to Gestair Cargo, as part of the new brand positioning carried out by the Gestair Group.
Gestair Cargo's main client is Iberia Airlines (at May 2007).
Read more about this topic: Gestair Cargo
Famous quotes containing the word history:
“It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient JewsMicah, Isaiah, and the restwho took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.”
—Thomas Henry Huxley (182595)
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (18171862)
“We may pretend that were basically moral people who make mistakes, but the whole of history proves otherwise.”
—Terry Hands (b. 1941)