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http://www.airliners.net/aviation-forum ... 90044/1/#1" onclick="window.open(this.href);return false;
with Google translation of
http://www.expansion.com/2010/01/26/emp ... 97977.html" onclick="window.open(this.href);return false;
According to http://www.airfleets.net/flottecie/Quantum%20Air.htm" onclick="window.open(this.href);return false; two of her five Boeing 717s were already stored at Palma de Mallorca (PMI)Qantum airline suspended operations
Published on 26/01/2010 by Albert Marimon
Quantum Air, the airline owned by Antonio Mata, former president of Aerolineas Argentinas, has suspended operations this morning.
The entrepreneur, who bought the company for SAS over a year ago when it was still called AEBAL, has taken this decision after finding a hidden debt that the Scandinavian airline had not disclosed in the transaction, according to sources close to the company.
Mata, a former partner of Gonzalo Pascual and Gerardo Diaz in Aerolineas Argentinas, will file a lawsuit against SAS for breach of contract and will request the invalidation of the transaction. Quantum Air, which stopped selling tickets yesterday, expects to relocate those affected on other airlines.
"SAS is committed to cancel all debts of AEBAL at 31 December 2008, payable to third parties which were defined in the contracts and the balance sheet of the company, which was attached to the sale agreement. Non-payment of these debts by SAS, amounts to almost 14 million euros the previous owners did not cancel, despite repeated claims made by the shareholders of Quantum Air, said the sources. The company expects the decision to temporarily suspend flights are pending to resolve the conflict with SAS.
Quantum Air will return its five planes while SAS has urged it to "corporate succession" of all workers under Article 44 of the Workers' Statute in force, so will the staffing of the Scandinavian company's current staff of the former AEBAL. The total number of workers affected by this measure amounted to 155 professionals.
The Scandinavian company sold off AEBAL, the former subsidiary Spanair flights to the Balearic Islands, as part of the divestment process of its assets in Spain. The new company, Quantum Air, began operating in late 2008.
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