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IATA Code: --| ICAO Code: PSB | Callsign: ----
| Syrian Pearl Airlines
PO Box 31219,
21 Dr Dahman Building,
Alfarabi Street, East Mazzeh,
Damascus, Syria
Tel: +963 11 612 83 40
Fax: +963 11 611 81 86
www.flysyrianpearl.com
Ownership: Cham Holding 69% (Rami Makhlouf major shareholder), Syrianair 25%, Aqeeq Aviation/Aquila Holding 6%, (Aqeeq and Al Deshtei Kuwaiti)
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Syrian Pearl Airlines was incorporated by Presidential Decree No 5 in 2008 to perform scheduled flight operations and to act as the "second national carrier", with capitalization of SYP 250m (USD 5.3m)
On the 27th of March 2009 Syrian Pearl Airlines entered into a one year ACMI (Aircraft, Crew, Maintenance, Insurance) agreement with Orion Air of Spain for 2 x BAE 146-300 aircraft. On May 3rd 2009, it had its first flight from International Damascus Airport bound for Aleppo. Orion Air is a small Spanish charter operator incorporated in 2004 (operating 2 x BAE-146, 1 x Embraer 120).
Syrian Pearl Airlines plan to focus initially on domestic destinations, neighboring countries within short and medium ranges while not contemplating any long-range international routes in the foreseeable future. Mr. Finn Thaulow, the former CEO of FlyMe, the Swedish low cost carrier and a veteran aviation executive was assigned to head the newly formed airline.
The Orion - Syrian Pearl Airlines deal was subject to US Department of Commerce on-going investigation and subsequent action since it was first announced covering breach of US export regulations, denying "Export Privileges", hence effectively grounding the entire leased fleet of Syrian Pearl Airlines
Executives: Dr. Abdul Rahman Al Attar (Chairman), Eng. Feras Mohamad (Vice chairman), Mr. Mohamed Rustom (Board Member), Mr. Omar Karkour (Board Member), Mr. Finn Thaulow (CEO), Mr. Zahwan Rustom (Commercial Director), Captain Samir Imam (Flight Operations Director), Mr. Jamal Outri (Ground Operations Director)
Action Affecting Export Privileges; Orion Air, S.L. and Syrian Pearl Airlines