FORMED IN 1992. A K A AIR TERREX. SISTER COMPANY OF A CZECH TRANSPORT COMPANY. JET AIRPLANE SERVICES TO THE MEDITERRANEAN & NORTH AFRICA.
NOVEMBER 1995: VOLGOGRAD, RUSSIAN BUSINESS MAN TAKES 50% SHARE IN (TER).
MAY 1996: TERREX GROUP ENTERS BANKRUPTCY.
727 STILL OPERATED IN VIETNAM IN QUESTION.
SEPTEMBER 1996: 727 AIRCRAFT PREVIOUSLY OPERATED BY THE TERREX GROUP PURCHASED BY A VIETNAMESE OPERATOR. IT IS STILL REGISTERED IN THE CZECH REPUBLIC AND WILL BE MAINTAINED BY TERRREX GROUP ENGINEERS.
