Air Spain declared bankruptcy in 1975 and its fleet was sold off by the following year.[2]
History
Air Spain was established in January 1965 by Lieutenant General Rafael García Valiño and Banco del Noroeste. Its director general was José Maria Rivero de Aguilar and its director of operations Colonel Carbó. Both directors were relatives of General García Valiño and both were as well from military background, which facilitated their relationship with the Director General of Civil Aviation and made possible the issuing of licenses, a common practice in Francoist Spain.[3]
The airline began operations in May 1967 using former British EagleBristol Britanniaturboprop aircraft.[3] With the aim of modernizing the fleet, the Britannias were replaced between 1971 and 1973 by former Eastern Air LinesDouglas DC-8-20.[4]
As a result of increased operation costs owing to the lack of passenger traffic during the winter months and the 1973 oil crisis, the airline ceased operations in February 1975.[3]
Destinations
Air Spain was geared mainly towards tourism in Spain, which at that time was booming. International services were operated between different European cities and the airports of the Balearic Islands, Barcelona, the Canary Islands, Málaga, Alicante and Girona. Flights were on a charter basis, reaching a peak during the summer months in Peninsular Spain destinations, as well as in the Balearic Islands.[5]