The story
The airline was established in March 2004 and started operations on 26 of this month. Aero Flight was formed using part of the assets of the charter airline Aero Lloyd, which had ceased operations in October 2003.
Aero Flight ceased operations October 30, 2005. The airline's assets were subsequently bought by the Iceland-based Avion group in a deal that took effect in early 2006.
From Wikipedia’s article on Aero Flight, shared under CC BY-SA 4.0.3
