Flying Enterprise (airline)

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Flying Enterprise
DC-7 of the Flying Enterprise
IATA code : (without)
ICAO code : (unknown)
Call sign : (unknown)
Founding: 1959
Operation stopped: 1965
Seat: Copenhagen , Denmark
DenmarkDenmark 
Home airport : Copenhagen Kastrup Airport
Fleet size: 3
Aims: international
Flying Enterprise ceased operations in 1965. The information in italics refer to the last status before the end of operation.

Flying Enterprise was a Danish charter airline that ceased operations in 1965.

history

The leased Douglas DC-7s from the Flying Enterprise were painted in different ways

The airline company Flying Enterprise was founded on May 29, 1959 in Copenhagen by three former employees of Scandinavian Airlines System (SAS). Initially, the British airline Overseas Aviation , which had already operated charter flights between Copenhagen and Palma de Mallorca a year earlier , had a 30% stake in the company. Operations began on January 23, 1960 with three Canadair C-4 Argonaut machines from the British partner company. Two more aircraft of this type were added to the fleet in 1961. At the beginning of 1961, the economically troubled Overseas Aviation withdrew from the company and sold its shares to the Danish shipping company Heimdal .

Flying Enterprise mainly operated tourist charter flights ( IT charter ) from Copenhagen-Kastrup Airport to Palma de Mallorca and the Canary Islands on behalf of Danish and Swedish tour operators . In addition, the planes were used for occasional flights ( ad hoc charter ) to, among others, Great Britain , West Germany and the Netherlands , and were also rented out to other airlines at times.

In 1963 it became clear that the capacities of the Canadair C-4 were no longer sufficient to meet the increased transport needs of tour operators. The company planned to sell the machines to finance the procurement of three Douglas DC-7s , but could not find any interested parties for their obsolete aircraft. As a result, Flying Enterprise leased two Douglas DC-7s from the Swedish company Svea-Flyg from October 1963 and stored their four Canadair C-4s permanently at Copenhagen-Kastrup Airport in January 1964. Only one machine could then be sold to the British Air Links .

In April 1964, the company founders transferred their majority stake to the leasing company Consolidated Aircraft Corporation ( Conair ). The company then leased another Douglas DC-7 from Conair . Flying Enterprise used the three aircraft as well as a Douglas DC-6 briefly leased by Osterman Air Charter for the Danish tour operator Spies Rejser in the summer season . In the course of 1964 the airline's financial situation deteriorated increasingly. Although the Heimdal shipping company invested a further £ 250,000 in the Flying Enterprise , neither the running costs nor the outstanding leasing claims of Osterman Air Charter (formerly Svea-Flyg ) could be settled. In early 1965 the company had a debt of around £ 750,000. After several creditors filed suit, Flying Enterprise ceased operations in February and filed for bankruptcy on March 26, 1965 .

The bankruptcy of the Flying Enterprise posed considerable problems for the tour operator Spies Rejser , which was urgently dependent on its transport capacities. Simon Spies, the owner of Spies Rejser , then acquired the leasing company Consolidated Aircraft Corporation including the aircraft and converted it into the charter airline Conair of Scandinavia in April 1965 , which initially used its aircraft exclusively for Spies Rejser .

fleet

See also

Individual evidence

  1. Flight International, April 12, 1962 (PDF)
  2. Flight International, April 15, 1965 (PDF)
  3. a b c Leisure Airlines of Europe, K. Vomhof, 2001
  4. a b oud Zestienhoven.nl, Flying Enterprise (in Dutch) ( Memento of the original from October 6, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.oud16hoven.nl
  5. Flight International , May 14, 1964 (PDF)
  6. Flight International, April 29, 1965 (PDF)