FOUNDED IN 1994 AND STARTED OPERATIONS IN 1998. CREATED BY REGIONAL AIRLINES OF FRANCE AND THE SPANISH AIRLINE "GESTAIR" AS "REGIONAL LINEAS AEREAS." IT OPERATED PASSENGER SCHEDULES FROM MADRID UNTIL JANUARY 1998. SCHEDULED & CHARTER, DOMESTIC & INTERNATIONAL, CARGO, JET AIRPLANE SERVICES.
CALLE AGUETOL 7
E-28042, MADRID, SPAIN
SPAIN (KINGDOM OF SPAIN) WAS ESTABLISHED IN 1479, IT COVERS AR AREA OF 504,750 SQ KM, ITS POPULATION IS 41 MILLION, ITS CAPITAL CITY IS MADRID, AND ITS OFFICIAL LANGUAGE IS SPANISH.
NOVEMBER 1998: OWNERS/SHAREHOLDERS: GESTAIR EXECUTIVE JET (100%).
SPANISH SMALL PACKAGE COMPANY, "GESTAIR," ACQUIRES 2 DC-8-62F'S, EX-IBERIA (IBE), (IBE) MAINTENANCE.
FEBRUARY 1999: OWNER GESTAIR, PURCHASED ASSETS (OPERATING AUTHORITY) OF "REGIONAL LINEAS AEREAS," AND CHANGED NAME TO "CYGNUS AIR."
JUNE 2000: TO HUSHKIT 2 DC-8-62F'S, & RE-CERTIFY AT LOWER (MGTOW), TO AVOID 00:01-06:00 CURFEW, AT MADRID BARAJAS.
SEPTEMBER 2000: NEW COLOR SCHEME WITH WHITE FUSELAGE & DARK BLUE TAIL, WITH WHITE & LIGHT BLUE, BIRD MARKINGS.
NEGOTIATING PURCHASE OF DC-8-72F, FOR 2001.
DECEMBER 2001: 50 EMPLOYEES.
(http://www.gestair.es). SITA: MADHDGP. (email@example.com).
JANUARY 2002: 1 A300-200F, MNG CARGO (MCG) LEASED.
August 2002: 1 DC-8-73F (46133, EC-IGZ), ex-Emery Air Freight (EAF), US Bank National Association leased.
November 2004: 50 employees.
May 2005: 53 employees (including 23 Flight Crew (FC), & 3 Maintenance Technicians (MT)).
Is in talks with Iberia Airlines (IBE) to take over 4 757-200's. It hopes to fly these wet-leased for (IBE) on the Madrid - Barcelona shuttle and on niche services such as the airlines's Madrid - Malabo flights.
December 2005: 1 DC-8-73F (46133, EC-IGZ) bought from US Bank NA.
April 2006: Precision Conversions, Portland, Oregon, USA, signed a deal with Cygnus Air (REI) of Spain for one 757-256F freighter conversion plus one option. The airplane will enter the conversion process in July. (REI) provides cargo services to Iberia (IBE) with three DC-8s. Precision also will convert two 757-256s to freighters under an agreement with Babcock & Brown Aircraft Management (BBB). The contract calls for "multiple options" on future 757-200 conversions, Precision said. Operators for the airplanes were not disclosed.
April 2007: Precision Conversions said Spain's Cygnus Air (REI) exercised one option for an additional 757-256 freighter conversion. Work will begin in August. (REI), which provides scheduled cargo service to Iberia Airlines (IBE), already operates one Precision Conversions 757-256PCF.
May 2007: Iberia (IBE) Maintenance signed a five-year deal with Cygnus Air (REI) to maintain and repair the freight operator's 757s.
April 2008: "Cygnus Air" has been re-branded as "Gestair Cargo" (REI) - SEE ATTACHED PHOTO - - "REI-757-236F-2008-02."
May 2008: Gestair Cargo (REI) is a privately owned air cargo operator offering scheduled jet airplane flights to destinations in Europe.
Employees = 80.
(ICAO) Code: RGN (Callsign - CYGNUS AIR).
Parent organization/shareholders: Macholfam International (Grupo Gestair) (60%); & IMES (Grupo ACS) (40%).
Owns: Audeli Air (99%).
Main Base: Madrid Barajas Airport (MAD).
September 2008: Iberia (IBE) Maintenance announced deals with (GE) Aviation (GEC), SR Technics (SWS), and Gestair (REI). It signed a Memo of Understanding (MOU) with (GE) to become the preferred regional fulfillment center for (CFM56-5A) engines Maintenance Repair & Overhaul (MRO) in Europe, Africa, and the Middle East. (IBE) will enter into an "OnPoint" solution agreement with (GE) for material and services. Under the agreement with (SWS), Iberia (IBE) will repair and overhaul (SWS) components from various airplane fleets in Madrid, while (SWS) provides (MRO) on (CFM56-5C)s powering (IBE)'s A340-300s. It is the first deal between the companies. Madrid-based, corporate aviation enterprise Gestair (REI) will partner with (IBE) to establish CorJet Maintenance Europe, a 50/50 joint venture providing line and scheduled maintenance, as well as unscheduled Airplane on Ground (AOG) work on corporate airplanes and logistical support and spare parts. CorJet reached a deal with Gulfstream to be an official (MRO) provider on all its models, and expects to be providing maintenance services to some 350 airplanes annually within five years of launch.
November 2008: Iberia (IBE) and Gestair (REI) have created "CorJet Europe," a jointly-owned venture specializing in the maintenance of corporate airplanes. Based at Madrid Barajas airport, it will provide line and scheduled maintenance tasks.
February 2010: Gestair Cargo (REI) has retired its last DC-8-73F freighter in late 2009. The airplane registered (EC-IGZ) was the last DC-8 still in operation by any European carrier.
January 2011: 767-383BDSF (26544, EC-LKI - - SEE PHOTO - - "REI-767-383BDSF-2011-01"), wet-leased to TNT Airways (TNB). 1 order 777-FHT (38969, OO-TSA), Guggenheim (GUG) leased.
March 2012: 767-383BDSF (26544, EC-LKI), wet-leased to Africa West Cargo Airlines (WTA).
June 2012: Tri-MG Intra Asia Airlines (TMG) has taken delivery of a first ex-Gestair Cargo (REI) 737-300F freighter (23743, PK-YGG) that now complements its rather diverse fleet of one 727-100F, one 727-200F and one 737-200M already operated on domestic and regional cargo routes.