EUROPE: Cargo carrier MK back in the skies

UK-based cargo carrier MK Airlines has resumed flights after its joint administrators secured initial funding from Transatlantic Aviation Ltd, part of The Belfairs Management Group of Companies. The development came 10 days after MK Airlines’ Board of Directors appointed James Bradney, Andrew Duncan and Michael Oldham of BKL Business Recovery, as Joint administrators. MK Airlines […]


UK-based cargo carrier MK Airlines has resumed flights after its joint administrators secured initial funding from Transatlantic Aviation Ltd, part of The Belfairs Management Group of Companies.

The development came 10 days after MK Airlines’ Board of Directors appointed James Bradney, Andrew Duncan and Michael Oldham of BKL Business Recovery, as Joint administrators. MK Airlines temporarily suspended services but maintained its Air Operators Certificate.

MK Airlines had been in discussion with several interested parties about potential investments in the business to refinance and to reposition the airline with more efficient aircraft. These talks were led by the airline’s founder and CEO, Mike Kruger, and following their appointment, the Joint Administrators.