Wondair (Spain) sells fleet and cancelled Embraer order.

[cHabu]

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Wondair revises business model as charter demand plummets.

Spanish charter company Wondair has been forced to radically change its business model and sell off its fleet of
Cessna Citations in the face of dwindling charter revenue and mounting operating costs.

The Valencia-based company - owned by Spanish food manufacturer Grefusa - has also ditched its plans to launch
a low-cost, pan-European, air taxi operation. Its order for 36 Embraer Phenom 100 very light jets that were to form
the backbone of this operation has been cancelled.

Full story here.

Credit: Flight Global / Kate Sarsfield.

Bye, Chris.