> renamed | ^ or >> merged in | => merged to form airline | +> assets taken | < divided |
Khazar Air was founded in 1940 as NCAA*. Renamed in 1992. [Turkmenistan Airlines is the national carrier of Turkmenistan. It operated under 3 divisions, Askal Air, Khazar Air & Lebap Air but are all under the same umbrella. Initially formed as Akhal Turkmenistan. Eventually ceased operating]
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