*

Hitt og þetta 9. febrúar 2006

Avion Group hf acquires Star Airlines

Nordic Business Report-February 9, 2006-Avion Group hf acquires Star Airlines
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Icelandic transport solutions group Avion Group hf announced on Thursday (9 February) the purchase of the entire issued share capital of French charter airline Star Airlines, the second largest charter airline in the French market. Star Airlines operates charter flights mainly to destinations in Africa, the Middle East and the Mediterranean. Star Airlines carried approximately 900,000 passengers in 2005, the company said. The purchase price was not disclosed.

((Comments on this story may be sent to tww.feedback@m2.com))