SkyWork Airlines (Bern) has completed a management buyout with previous majority shareholder, Daniel Borer, downsizing his stake from 85% to 20%. Business partner, Sebastien Merillat, has increased his share to 40% with SkyWork CEO, Tomislav Lang, now holding the remaining 40%. Despite the change in ownership, which in fact occurred 3 weeks ago, SkyWork EVP Rolf Hartleb has reiterated that while the Swiss operator would remain a niche carrier, it will venture into the 3rd party training market following the recent acquisition of a Do328-100 simulator based at CAE’s Amsterdam Schiphol training base.