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The airline dates back to 1938, when Captain Roy Harben established Air Schools Limited as a school for training pilots of the Royal Air Force Volunteer Reserve.

The Management Board is comprised of John Cryan (Chairman), Marcus Schenck, Christian Sewing, Kimberly Hammonds, Stuart Lewis, Sylvie Matherat, James von Moltke, Nicolas Moreau, Garth Ritchie, Karl von Rohr, Werner Steinmüller, Frank Strauß.

The Deutsche Bank Group comprises a substantial number of domestic and foreign companies, inclu­ding banks, securities companies and financial services providers that are licensed by regulators in the country of their incorporation.

The company was also contracted by Rolls-Royce to transport aero engines to customers all over the world.

In 1959, Derby Aviation formed Derby Airways as its airline business and introduced a new livery incorporating the new airline's name.

The following year, Wolverhampton Aviation was merged into Derby Aviation, and, in 1955, the company purchased its first Douglas DC-3, a converted former military transport.

International services to Ostend commenced in 1956, and flights carrying holidaymakers from the UK to mainland Europe began as well.

BMI Regional was sold to Sector Aviation Holdings in May 2012 and continues to operate, whereas Bmibaby closed down in September 2012.

British Midland Airways Limited held a Civil Aviation Authority (CAA) Type A Operating Licence, permitting it to carry passengers, cargo and mail on aircraft with 20 or more seats.

Following his appointment as managing director in 1972, Bishop withdrew the One-Elevens from service, two of which were swapped for three Handley Page Dart Heralds while the third was subsequently leased to Court Line.

As the early-model, high-time second-hand 707s commanded a low resale value, the airline decided to keep these aircraft and lease them out to other airlines on a wet lease basis, beginning in November 1972 with a £3.3 million, two-year contract to operate Sudan Airways' Blue Nile service between Khartoum and London.

Supervisory authorities: The European Central Bank (ECB), Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany and the German Federal Financial Supervisory Authority ('Bundesanstalt für Finanzdienstleistungsaufsicht' or 'Ba Fin'), Graurheindorfer Strasse 108, 53117 Bonn and Marie-Curie-Strasse 24-28, 60439 Frankfurt am Main, Germany.