Livingston, the Italian leisure and scheduled airline, will cease flying today after its Air Operators Certificate was revoked.
The airline said in a statement:
New Livingston resolved to apply for the above mentioned instrument, in order to overcome a temporary financial crisis ascribable to, inter alia, the bankruptcy of Aeradria S.p.A., significant delays in collecting certain credits and the recent revocation of the PSO route Alghero – Roma Fiumicino and vice versa (in connection with such measure, a claim against Regione Autonoma della Sardegna is still in progress). The above, in compliance with the so-called “par condicio creditorum”.
New Livingston has already provided to ENAC the documentation needed in order to immediately obtain the revocation of the suspension measure of its carries license starting from 00:01 of July 14, 2014 or the issuance of a provisional carrier license, on the basis of article 9, paragraph 1, of the Regulation (EC) No. 1008/2008 and paragraph 4.6 of the Circular ENAC EAL-16 of 27 February 2008.