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Author Topic: Logical Global Airlines of France to take control of Neptune S.A.  (Read 48 times)

Offline Delta

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Roissy-en-France, October 7th, 1975

In a press conference held today at its Charles de Gaulle Airport headquarter, Logica Global Airlines announced it had acquired full stakes of Neptune S.A., a Nantes, France based regional airline with operational bases in Paris Orly airport, Bordeaux, Lyon, Mulhouse and Strasbourg.

"Our networks nicely complement each other", said Logical Global Airlines' CEO RainbowSevenNine.

The subsidiary, which will be rebranded as Logica CityLine, will retain its main offices on the grounds of Nantes Atlantique Airport and continue to operate under its own AOC, and has no immediate plan to become an affiliate member of the Phoenix Alliance.

Although he was offered the position, Neptune's CEO Delta declined to become the CEO of the Logica Airlines Group and will hold his position as Logica CityLine's CEO.

Logica Global Airlines was founded in 1959 and has a fleet of 312 modern airliners, employs 34.000 staff and transports 19M passengers a year to more than 225 destinations on six continents.

Logica CityLine was founded in 1960 as Neptune S.A. and has a fleet of 172 regional aircraft, employs 9.700 staff and transports 11M passengers a year to more than 130 destinations in Europe and North Africa from its 6 bases.

Together the two airlines will form the 6th airline group in the World in terms of passengers transported with 30M+ annually, the 9th in terms of operating revenue and the 11th in terms of aircraft fleet size.

Disclaimer : Logica Global Airlines is not actually taking control of Neptune.


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