SWEDEN
AIR TRADER SWEDEN AB
738
V.952
CF-TKO
Spares use, broken up Bromma Airport, Stockholm, Sweden
730
V.952C
SE-FTH
(Leased from Air Holdings Ltd)
744
V.952
SE-FTI
(Leased from Air Holdings Ltd)
725
V.952
SE-FTK
(Leased from Air Holdings Ltd)
Air Trader
BASE : Bromma Airport, Stockholm, Sweden
Air Trader Sweden AB was created initially by Ulf Engelbrecht and Kurt Hanson on 13
August 1969, but it was not until late 1971 that plans came to fruition. Together with three
other investors the capital was increased from SEK 20,000 to SEK 500,000 and an approach
was made to Air Holdings Ltd for the lease of three ex- Air Canada Vanguards. A fourth
aircraft was also acquired for spares use. Operations commenced on 12 February 1972
with a flight from Bromma, Stockholm to Dacca, Bangladesh, the first of a series of Swedish
Red Cross missions to that country. Despite services being operated, with a variety of cargoes,
to destinations ranging from Greenland to Hong Kong, the airline was forced to declare
bankruptcy in October 1972. Two of the Vanguards were returned to Air Holdings Ltd shortly
afterwards.
Following the injection of fresh capital, plans were made for the acquisition of a Douglas DC-8
for inclusive tour operations to the Mediterranean area, but the airline ceased all operations in
March 1973, with debts of SEK 6.5 million, and assets of SEK 60,000.
The third Vanguard returned to Air Holdings Ltd soon after.
August 1969, but it was not until late 1971 that plans came to fruition. Together with three
other investors the capital was increased from SEK 20,000 to SEK 500,000 and an approach
was made to Air Holdings Ltd for the lease of three ex-
aircraft was also acquired for spares use. Operations commenced on 12 February 1972
with a flight from Bromma, Stockholm to Dacca, Bangladesh, the first of a series of Swedish
Red Cross missions to that country. Despite services being operated, with a variety of cargoes,
to destinations ranging from Greenland to Hong Kong, the airline was forced to declare
bankruptcy in October 1972. Two of the Vanguards were returned to Air Holdings Ltd shortly
afterwards.
Following the injection of fresh capital, plans were made for the acquisition of a Douglas DC-
March 1973, with debts of SEK 6.5 million, and assets of SEK 60,000.
The third Vanguard returned to Air Holdings Ltd soon after.