Plattsburgh said:Air travel to Plattsburgh could soon be taking off. Wednesday night, the Clinton County Legislature signed off on plans for a new airport at the old air base... Officials hope the new larger facility will one day accommodate a major discount airline, like Southwest or JetBlue.
CardinalLakes just sold 5. Who knew there was actually a market for heaps pushing 30,000 hours and twice that many cycles...
canadflyau said:From Lakes Quarterly Report 16-May-2005
"On April 25, 2005, Raytheon notified the Company that due to the Company's current defaults, it intended to reduce its exposure by requiring the Company to return five Beechcraft 1900D aircraft to Raytheon by June 30, 2005. The five aircraft to be returned may not include either of the two aircraft the Company leases to another airline. Among other things, the notice requested a full monthly payment by April 29, 2005, the return of all six spare engines that had been loaned to the Company, the sale of the Company's six spare engines, and the remitting of the proceeds to Raytheon. Upon return of the aircraft, Raytheon will release the Company from all future obligations under the related financing provided by Raytheon on the aircraft, but not the past due principal or interest payments."
They wouldn't want to create more two week notices at Lakes by putting the repo news in the paper airplane. Would I remember anyone over there anymore with all the turnover? well besides you of course. But in many ways, I do miss Lakes!Upon return of the aircraft, Raytheon will release the Company from all future obligations under the related financing provided by Raytheon on the aircraft, but not the past due principal or interest payments
LaxPilot said:I heard that commutair is selling two of the -1900's to a private company in GA. Tails 837CA and 838CA. This should be happing by the end of Aug.
What's the word up there?