Air Mayo was created after the fall of Swiss International Air Lines.But near the same period in which Swiss fell down,Eire International Airways also fell down due to rising debt.Then the two CEO's decided to create a company called Air Mayo ltd..Jack O Sullivan (head of Eire International) took the role of COO of the company and CEO of Air Mayo Cargo.While Mickey Flanagan (Head of Swiss) took the CEO of both Air Mayo,and the company Air Mayo ltd.