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In March of 2006, two Turkish investors along with US-based hedge fund HBK investments (US$ 10 billion under management) began the capital infusion and management restructuring of ACT Airlines, which had been established in 2004 to perform unscheduled air cargo services.
Since the change in ownership in 2006, ACT has solidified its reputation as a financially sound, quality-driven industry leader. The company’s capital has increased by five-fold. ACT gained “JAR 145” certification in May 2006 and the ISO 9001:2000 Certificate of Quality in September of 2006 as well.
The airlines received IATA IOSA certification in Semptember 2008 period.
In 2007 the airline received the prestigious SCATA (Supply Chain and Transport Award) for “The Air Cargo Operator of the Year“ in recognition of its exceptional customer service.
Manara Investments acquired a %23 equity stake in ACT Airlines in March of 2008
Today, ACT continues to provide a high standard of quality service for its customers, and to meet Turkey’s demand for air cargo services with its existing fleet of six A300 B4 cargo aircraft.
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