Centennial Airlines (Spain)

This article is about the Spanish company. For the US based company, see Centennial Airlines.
Centennial Airlines
Centennial Airlines MD-83 at Düsseldorf Airport
IATA ICAO Call sign
BE CNA -
Commenced operations1993
Ceased operations1996
Operating bases
Fleet sizeFleet below
HeadquartersPalma de Mallorca, Spain
Key people
  • Francisco Carrión Orfila Honorary President

Centennial Airlines was an airline based in Palma de Mallorca, Spain.[1]

History

Centennial Airlines was founded in 1993.[citation needed] It operated charter services from its base in Mallorca using McDonnell Douglas MD-83 aircraft.[2]

Owing to fierce competition from other airlines that pushed charter fares down, the airline's relatively small size compared to its Northern European competitors and the lack of significant numbers of passenger bookings during the winter season, Centennial Airlines soon faced serious financial difficulties.[3] Centennial Airlines went bankrupt in 1995 and ceased operations in 1996.[1]

An investigation regarding the apparent fraudulent bankruptcy of the company followed. The accused were the former administrators of Centennial Airlines SA, including its Honorary President, Francisco Carrión Orfila, a prestigious Spanish entrepreneur and former owner of the Menorca-based El Caserío cream cheese factory.[1] Carrión was later acquitted of all charges.[4]

Code data

  • ICAO code: CNA (not current)

Fleet

References

  1. ^ a b c España: Un juez instruye la posible quiebra fraudulenta de Centennial Airlines
  2. ^ Directorio de empresas - Centennial Airlines SA
  3. ^ Rigas Doganis, Flying Off Course: The Economics of International Airlines. Page 161
  4. ^ AJ Es Mercadal. Francisco Carrión, uno de los herederos de El Caserío, reclama 1,2 millones por falsedad. Menorca, 18 March 2008