[1] The airline was established in December 1995 by William Stockbridge, with financial backing from Lehman Brothers and Green Tree Capital.
Bayside had pledged to grow Gemini and take advantage of the fast-growing cargo market into the next two decades.
The reasons were to be found in the sudden oil price increase that hit hard the thirsty McDonnell Douglas DC-10-30F fleet and the economic crisis of 2008.
Gemini Air Cargo ceased operations the evening of August 12, 2008, and the airline later confirmed that month it was in liquidation.
Gemini Air Cargo operated the following scheduled flights (as of January 2005): Anchorage, Cincinnati, Columbus, Los Angeles, Miami, and New York City Brussels, Frankfurt am Main, Guayaquil, Hong Kong, Medellin, Nottingham, Quito, Sapporo, Seoul, and Taipei The Gemini Air Cargo fleet consisted of:[3]