CLUB AIRWAYS could be up and running again in June following an involvement by London - based Magna Investments Plc, whose shares are traded on the Alternative Investment Market (AIM). Operating out of Geneva Club Airways offered scheduled private jet flights to a number of European destinations including London City Airport. Services were suspended earlier this year and the company placed in Receivership. Under the new plan flights will take place between Geneva and Paris Le Bourget, passengers members of The Club. Nice and Olbia (Sardinia) are early targets for the new operation which will be managed by former Club Airways staff. Magna chairman Eric Kohn, who is also the Managing Partner of Barons Financial Services, an Investment Banking Advisory firm based in Geneva and London and sits on the Supervisory Board of the airline dba, will be appointed to the board of The Club.
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