( – FocusAsia Media Ltd)

LONDON, Feb 27 (FAM) – UK-registered freighter operator CargoLogicAir (CLA) has effectively ceased operating after running into financial problems, with the cargo airline suspending flights since 9 February and giving notice of threat of redundancy this month to all its staff.

Although there have been reports that its suspension of flight operations may have been due to non-compliance with UK or European (EASA) air safety regulations, sources close to the airline have told Lloyd’s Loading List that those reports are incorrect and that the freighter operator’s problems relate to financial challenges, not to any issues of safety non-compliance.