Helvetic Airways expands aircraft fleet with seven Embraer 190s
Helvetic Airways currently operates six Fokker 100s and one Airbus 319-100. Recently, the airline concluded long-term leases with the Airfleet Credit Corporation for seven Embraer 190s. It is planned to put the Embraer 190s into operation between December 2014 and June 2015.
The business model envisages that four Fokker 100s and four Embraer 190s will be in service, in the long term, for Swiss International Air Lines, as part of a wet lease agreement. The other aircraft (2 Fokker 100s, 1 Airbus 319, 3 Embraers) are used for the scheduled and charter services of Helvetic Airways AG.
In connection with the business expansion, the number of staff at Helvetic Airways AG will be increased to more than 370 employees. At the same time, the equity base will be strengthened via an increase in the share capital to 10 million Swiss francs.
With the 2015 schedules for Zürich and Bern, the primary intention is to consolidate Helvetic's current scheduled destinations. The additional capacity in the charter business will be absorbed by the current partners. The Helvetic Airways "Special Charter" product has been in great demand.
