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Silver Air halts operations
- United Arab Emirates: Monday, August 03 - 2009 at 09:05
Silver Air, the Dubai-based private charter company, has announced the suspension of its operations effective yesterday 'due to a complete re-organisation of the company', Emirates Business has reported. The decision comes only nine months after it had secured its air operator's certificate from the General Civil Aviation Authority (GCAA). In an e-mailed letter to all Silver Air employees, Tim Lee, Commercial Director of Silver Air, said: 'Following meetings with our chairman and his advisors, the decision has been taken to suspend our AOC [in consultation with the GCAA] to allow us to undertake a comprehensive restructuring of the company. This process is expected to take at least three months, and during that time, and until the AOC is taken out of suspension, Silver Air will not be carrying out any flying activity.'
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