TAG
Aviation Europe announced yesterday (Wednesday 17th
May) that it has made the decision to exit the
Spanish market as part of a broader move to
consolidate its aircraft operations under a limited
number of strategic AOC’s (Air Operator Certificate)
which provide greater advantages to its customers.
While
TAG has undertaken business in Spain for many years,
the downturn in the Spanish economy, combined with
the inflexibility of the regulatory environment,
accelerated the company’s decision to terminate
activities in the country and deploy its resources
in growing markets elsewhere.
Daniel Christe,
CEO of TAG Aviation Europe, remarked that the
decision to leave Spain was a very difficult one,
but added that the limited business aviation market
in Spain no longer justified the cost to support a
stand-alone AOC, especially when more favourable
options are available within the TAG organisation.
Mr
Christe added that existing clients would be offered
the option of enrolling their aircraft on another
appropriate TAG Europe AOC and that the company
would use its best efforts to relocate TAG Spain
employees’ positions within TAG’s other European
entities.
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