Binter Canarias Reviews

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Binter Canarias Reviews

Binter Canarias S.A. is an airline based in Telde, Gran Canaria, Spain. It is a regional carrier operating inter-island services within the Canary Islands, in addition to services to Morocco, and Portugal. The airline was named Europe’s best regional airline in 2005 and, in September 2010, it was announced that the spanish carrier had won the European Regions Airline Association (ERA) Gold Award for the best Airline of the Year 2010/2011. Most flights traded as Binter Canarias are Naysa or Canarias Airlines flights, which have franchise agreements with Binter Canarias but stay completely independent companies.

The airline was established on 18 February 1988 and started operations on 26 March 1989. It was formed as a subsidiary of Iberia. In late 1999 SEPI (the Spanish state holding company of Iberia) implemented the privatisation of Binter Canarias, but held on to a “golden share”, permitting it to authorise any future shareholding deal of more than 25%. However, the airline was wholly owned by Hesperia Inversiones Aéreas, which bought the airline in July 2002. It is now owned by Ilsamar Tenerife (49.81%), Ferma Canarias Electrica (10.44%), Agencia Maritima Afroamericana (10.11%), Flapa (10%) and others (19.6%) and has 406 employees. Some of the owners of Binter Canarias decided to buy Navegacion y Servicios Aéreos Canarios (NAYSA) and to transfer some planes from Binter to NAYSA in order to reduce costs and increase benefits. Then Canarias Airlines was created with the same purpose. Nowadays, Binter Canarias owns 6 planes only and operates quite few of the flights traded with its name.

Binter Canarias began operations as a regional airline and is currently the only one to operate in the eight airports of the Canaries.

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