TransAer International Airlines was an Irish charter airline headquartered in the TransAer House, Dublin Airport, Dublin, Ireland.[1]
History
The airline was previously known as Translift Airways.[2]: 104 It was established in October 1991 and started operations in February 1992.[2]: 105 Renaming took place on 10 April 1997.[2]: 104 It was the brainchild of P. J. McGoldrick (who later went on to run Ryanair and EUjet).[citation needed]
TransAer went into liquidation on 20 October 2000.[4] Prior to the collapse, an 18-month contract was signed in 2000 to help set up a new airline in Kosovo.[5] The collapse was blamed on the adverse effects of the Kosovo war, a failed $18 million investment in American airline TransMeridian and losses of $14 million incurred by TransAer's German and Greek charter airline business. The business failed with outstanding debts of £30 million and made 450 employees redundant.[6]
Two of their aircraft were impounded in Ireland by Aer Rianta the day after the airline appointed a liquidator, due to TransAer's failure to pay landing and handling fees amounting to over £200,000.