Darwin Airline, the Lugano, Switzerland-based regional carrier, has entered reorganization under Swiss insolvency regulations just four months after the airline changed ownership. From 2014 until July 20, 2017, Darwin was 33.3% owned by Abu Dhabi-based Etihad Airways and operated under the brand Etihad Regional. Luxembourg-based private equity fund 4K Invest, owners of Slovenia’s Adria Airways, acquired the airline in July, including Etihad’s share, and began the process of ...

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