Binter Canarias
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| Founded | 1989 | ||||||
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| Frequent-flyer program | Bintermás | ||||||
| Fleet size | 21 | ||||||
| Destinations | 20 | ||||||
| Headquarters | Telde, Gran Canaria, Spain | ||||||
| Key people | Pedro Agustín del Castillo Machado (CEO) | ||||||
| Website | www.bintercanarias.com | ||||||
Binter Canarias S.A. is an airline based in Telde, Gran Canaria, Spain. It is a regional air carrier operating inter-island services within the Canary Islands. Affiliated airlines operate on behalf of Binter in services to Morocco, Portugal and Western Sahara. It is the fourth biggest carrier based in the Canary Islands.
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.
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. In 2003 Binter Canarias, SAU was absorbed by Hesperia Inversiones Aéreas, SA, which took the name of Binter Canarias, SA. 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. Binter Canarias now owns only one airliner and operates quite few of the flights traded with its name.
In October 2016 the airline was awarded the European Regional Airlines Association Airline of the Year award and was commended for its constant growth and expansion into new markets.
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