In 1982, Peter Villa led a management buyout of Air UK's charter business, resulting in reconstituting BIA as a charter-only airline and his departure from Air UK along with the four BAC One-Eleven 400s. In addition to the tough economic climate and merger blues during the airline's inception as a result of combining two organisations with vastly different cultures and management styles, the operation of these aircraft had largely been responsible for Air UK's poor financial performance that threatened the airline's survival.