German-based MHS Aviation has taken a 40% stake in Swiss regional carrier SkyWork Airlines—which completed a management buyout in April and has been seeking a new investor—allowing it to continue operations. However, the Berne-based airline will most likely have to cut routes. No further details about the investment were available. CEO Tomislav Lang has resigned from his position and former accountable manager Rolf Hartleb has been appointed new CEO. The carrier was ...

Subscribe to Access this Entire Article

"MHS Aviation takes 40% stake in SkyWork Airlines " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.