HISTORY: SKYWAYS INTERNATIONAL In February 1971, a group of former Skyways Coach-Air senior managers led by John Knox, the erstwhile airline's last commercial manager, formed International Skyways Ltd as a successor to the failed company. With the backing of London merchant bank Sterling Industrial Securities, the new management team purchased defunct Skyways Coach-Air's assets. These included aircraft and routes. Following the successful management buyout, the new entity began trading as Skyways International. In February 1972, Sterling Industrial Securities sold International Skyways to Dan-Air for £650,000.
SKYWAYS COACH AIR (1956-1971) -> SKYWAYS INTERNATIONAL (1971-1972) |=> DANAIR (1953-1992) |=> BRITISH AIRWAYS (1974-TODAY)
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