Livingston Energy Flight

Livingston S.p.A.
IATA ICAO Call sign
LM LVG LIVINGSTON
Founded13 January 2003 (2003-01-13)[1]
Commenced operationsMay 2003 (2003-05)
Ceased operations14 October 2010 (2010-10-14)
Operating basesMilan Malpensa Airport
Fleet size6
Destinations55[2]
Parent companyLivingston Aviation Group
HeadquartersCardano al Campo, Varese
Key peopleNiki Lauda
Websitelauda.it

Livingston S.p.A. was an Italian airline with headquarters in Cardano al Campo, Varese[3] and the main operating base at Milan Malpensa Airport.[4]

History

Start with a merger

The airline was established on 13 January 2003 by Ventaglio Group, a powerful Italian operator controlling various tourism branches. It was in fact the successor of Lauda Air Italy which had been bought by the group. After a few months of reorganization[1] it started operations in May 2003 under the brand Livingston Energy Flight, short/medium-haul charter flights, using a single Airbus A321-200. Three more aircraft of the same type were added in the following months.

In September 2005, the two air carriers merged: as a result, Livingston S.p.A. integrated the long-haul operations and fleet of Lauda Air Italia. In February 2009, Ventaglio Group sold Livingston S.p.A. to 4 Fly S.p.A., a new player in the Italian air transport panorama. In the following months, 4 Fly financially merged with Livingston and was then acquired by FG ​​Holding. In October, the Meridie investment fund acquired 25% of the share capital of Livingston S.p.A. These financial alchemies actually concealed growing difficulties that had manifested themselves after the global financial crisis of 2008.

Signs of crisis and closure

On October 8, 2010, ENAC (Italian civil avition authority) ordered the suspension of the airline's Air Operator's Certificate (AOC), effective midnight on October 14, 2010, following the carrier's declared inability to continue operations. The Busto Arsizio court declared Livingston S.p.A. insolvent and initiated extraordinary administration proceedings on 4 November. The full effect of the suspension took place from midnight 14 October 2010.[5][6] The airline never resumed operations.[1]

On October 13, 2011, the Extraordinary Administration Supervisory Committee approved the sale of the airline's assets. On November 12, the Ministry of Economic Development authorized the transaction, allowing the creation of a new airline called Livingston (New Livingston S.p.A.). On June 12, 2014, FG Holding chairman Massimo Ferrero was sentenced to one year and ten months in prison for fraudulent bankruptcy, in addition to the payment of part of the debts arising from the bankruptcy of Livingston S.p.A. The funds misappropriated by Ferrero's company amounted to between 41 and 44 million €uros.

Destinations

As of October 2008, Livingston operated scheduled and charter services connecting major Italian cities to holiday destinations in the Caribbean, Central America and South America, the Indian Ocean, Africa, the Mediterranean and the Middle East.[2]

Fleet

The Livingston fleet consisted of the following aircraft types:[7]

Livingston Energy Flight historical fleet
Aircraft Image Total Introduced Retired Remark
Airbus A321-200 4 2003 2011
Airbus A330-200 3 2003 2010
Boeing 737-800 2 2007 2008 leased from Malév Hungarian Airlines
Boeing 757-200 1 2005 2006 leased from Air Finland

References

  1. ^ a b c ch-aviation.com - Lauda Air Italy / Livingston Energy Flight retrieved 18 December 2022
  2. ^ a b "Lauda Air - Destinazioni". Archived from the original on 18 October 2008. Retrieved 2008-10-17.
  3. ^ "Contacts Archived 2010-03-28 at the Wayback Machine." Livingston Energy Flight. Retrieved on 1 July 2010. "Livingston S.p.A. Operating headquarters and registered office: 21010 Cardano al Campo (VA) - Italy Via Giovanni XXIII, 206."
  4. ^ "Directory: World Airlines". Flight International. 2007-04-03. p. 106.
  5. ^ Italian Enac suspends licence to Livingston airline
  6. ^ ">AVIONEWS - World Aeronautical Press Agency". 7 July 2023.
  7. ^ "Directory: World Airlines Part 2 (C-L)". Flight International: 31–80. 2009-04-07.

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