Martinair

Martinair Holland N.V. was founded in 1958 as Martin’s Air Charter (MAC), by Martin Schröder and John Block. In 1963 Mr. Schröder sold 49% of the company to four equal shipping company shareholders (12.25% each, these eventually combining as Nedlloyd). KLM would later purchase the 50+% that Mr. Schröder owned, buying him out. The name was changed to Martinair Holland in 1966. Martinair became all jet-powered in 1971.
In 1991, the first aircraft with the “Martinair Cargo” name was introduced, and “Holland” was dropped from all aircraft.
In 2007, Martinair announced that it wanted one shareholder, preferably KLM. The transfer of remaining shares took place in December 2008. In 2007, Martinair ceased its short haul operations to concentrate on its cargo activities and intercontinental flights. In 2010, a restructuring was announced: this will involve dropping all passenger services from November 2011, which will be operated by KLM, and leaving only cargo services. On 31 October 2011, Martinair flew its last passenger flight, leaving it as a freight carrier only.
Source: Wikipedia

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