Helvetic Airways

Helvetic Airways AG is a Swiss airline based in Kloten and home base at Zurich Airport.

History

Helvetic Airways was formed in the fall of 2003 as an extension of the already existing Odette Airways, the former Crossair Foreign flights to destinations in Southeast Europe as performs with a McDonnell Douglas MD -83, for example, Pristina. By November 2003, Helvetic Airways took then as the first low-cost airline of Switzerland on their operation with a Fokker 100 and three destinations. 2004, a total of seven machines were operated and expanded its route network continuously. In December 2006, the new livery of the aircraft was presented. All Fokker 100 take a new look in the colors red, white and silver gray and the Swiss cross on the vertical stabilizer. Peter Pfister was from 2003 until the takeover by Martin Ebner, the CEO of the company.

Ownership

As part of a financial restructuring took over in March 2006, financier Martin Ebner about his run with his wife holding company Patinex AG shares in the entire Helvetic Airways, after serving as majority shareholder. To prevent the impending bankruptcy of the airline, which had accumulated in debt since its founding in 2003, a total of 40 million Swiss francs, the share capital of CHF 40 million was reduced to zero and carried out a capital increase from zero to CHF 10 million. The money for this capital increase came entirely from the Patinex AG.

Destinations

In regular service, among other things, the destinations Brindisi, Catania, Inverness, Lamezia Terme, Olbia, Cardiff, Bristol and Rostock are operated by Helvetic Airways at present. For various tour operators Helvetic Airways also flies to more destinations in charter service.

Currently, there are under a wet lease agreement for three of the six Fokker 100 Swiss in the long-term use, from the winter timetable 2013/14 Helvetic is up to at least 2017 total four Fokker 100 for Swiss.

Fleet

• 6 Fokker 100 with 100 seats

• 3 Fokker 100
• 1 McDonnell Douglas MD -83