Transport & Logistics International Volume 13 Issue 2 | Page 55

________________________________________________________________________________________ euroAtlantic Airways
under invested and therefore largely nonoperational, particularly after Covid,” Stewart explains.“ However, in less than 12 months, we’ ve been able to invest in new aircraft, take on new large contracts and regain that market share that was lost in previous years. We’ ve since reestablished confidence within the stakeholder landscape, from the lessors who lease us the aircraft, to the banks who provide capital, the customers who send new work and, most importantly, our employees. The management team was rebuilt, existing members of the management team were promoted onto the board, and new talent was brought in to implement for good governance, and that is what allowed us to quickly reemerge and turn the company around.”
In securing significant funding as a result of the acquisition, euroAtlantic has been excited to further expand its fleet. Up until 2025, the company had solely operated
Boeing units, but in July, it was proud to induct its first-ever Airbus unit – the A330- 200 – into its fleet. A highly efficient model, the Airbus A330-200 can support a maximum takeoff weight of 233,000kg, with 283 economy class seats and 12 business class seats onboard, offering high-level efficiency and unparalleled customer experience for which euroAtlantic is recognized. However, the A330-200s are not the only units to expand the company’ s fleet this year.
“ As well as the A330-200s, we’ ll also be inducting two more Airbus A330 units into our fleet, which are slightly different capacity models in terms of seating,” Stewart reveals.“ We’ d like to thank the Portuguese Civil Aviation Authority for being an important stakeholder in this process. It’ s a very exciting project.”
With a series of exciting developments already in place and many more on the horizon, euroAtlantic is set to skyrocket into
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