Twalives From United States of America, joined May 2001, 175 posts, RR: 7 Posted (11 years 2 months 3 weeks 2 days ago) and read 3784 times:
It wouldn't be the first time an airline has tried to utilize the hundred million dollar alternate St. Louis airport (just east of the city in Illinois). Pan Am failed here, any thoughts on whether this could work?
St. Clair County OKs Air Florida bond plan
By Norm Parish Of the Post-Dispatch
01/27/2003 11:03 PM
MidAmerica Airport in St. Clair County.
A New York-based holding company moved closer to launching a new airline from MidAmerica Airport under a $150 million bond plan approved Monday night by the St. Clair County Board.
Air Florida Airways Corp. wants to use the bonds to help start passenger and cargo flight service at the troubled airport in Mascoutah. The County Board approved an initial industrial revenue bond plan. Later, Air Florida would have to get approval from county officials for final issuance of the bonds.
Under the plan, Air Florida would start flights in June, serving at least five cities, including Chicago at Midway Airport, company President Joseph Luchetti said in an earlier telephone interview.
County officials said that in the event of a failure, the investors, not St. Clair County, would be liable. Officials said revenue bonds were commonplace in the county, adding that since 1998, about 10 have been issued or are in the process of being issued.
For example, similar bonds were used to help with an academic center at McKendree College and have been initially approved for a new hotel, garage and other development by the City Centre Plaza Development Corp. in East St. Louis, officials said.
"Tonight, we formalized our relationship with Air Florida Airways," said Tim Cantwell, director of MidAmerica Airport.
St. Clair County Board Chairman John Baricevic was optimistic.
"We hope very much that (Air Florida) is successful," he said. "We will give them whatever support that we can."
Some airline experts have said that Air Florida could have a difficult time putting together a deal. The airline industry has recently been plagued by financial crises, and the carrier's success would depend on its ability to sell its financial package that it develops with investors.
Air Florida officials have been tight-lipped about how money from the bonds would be spent, citing competitive reasons. The carrier may buy an existing airline.
County officials said the airline would probably use the money for an office facility and equipment.
The company wants to provide passenger, cargo and chartered air service, initially using a Boeing fleet of three MD-80s, a 757 and 767, Air Florida's Luchetti said.
The firm, which was incorporated in Delaware a few years ago, hopes to hire 350 employees within 60 days, many coming from the St. Louis area.
MidAmerica has struggled since opening in 1998. Its first regularly scheduled passenger service ended in December 2001, when Pan American Airlines shut down flights there. Multi-Aero Inc., which has attempted to launch flights to Chicago from MidAmerica, has had only limited flight service at the airport.
In other action, the County Board approved a $1.8 million plan to build 10 apartments at Scott Air Force Base's Patriots Landing and granted $20,000 for a study coordinating fiber optic use in the area. The other communities participating in the study are St. Louis, St. Louis County and St. Charles County.
ALSF 2 From United States of America, joined Apr 2002, 89 posts, RR: 1
Reply 1, posted (11 years 2 months 3 weeks 1 day 18 hours ago) and read 3694 times:
Sure.... I want to see them try and find a gate a MDW to use!! All the new gates at Chicago are almost all evenly divided between ATA and WN, with the rest going to Delta, ConEx, USAir, Frontier, AirTran, American, Mexicana, etc...
Plus, do the really want to enter the hornets nest with WN? What do the have, a flight every 45 minutes to STL?? Wrong!!! Try somewhere that doesn't make you charge 50 bucks a tix just to compete with ATA and WN!
LV From United States of America, joined Jun 2001, 1915 posts, RR: 0
Reply 3, posted (11 years 2 months 3 weeks 1 day 17 hours ago) and read 3635 times:
You know every once in a while we get thos fantasy airline posts around here about creating your own airline. And then there is the debate about creating your fantasy vs. creating one that has a chance at surviving past five years.
If I were starting up an airline that I thought had a prayer of making it to age five, I would base it at BLV. I would get some second hand 757s and start ops at Mid America.....just one difference....
I would make the airline a box hauler instead of a people hauler.
That's right, I think BLV's focus is all wrong. STL (Lambert) has the passenger market for the area locked up. So quit throwing money at passenger ops at BLV and focus on making it a frieght airport. I think it could be very successful if it marketed itself as an alternative to STL to the freight airlines (UPS, Fed Ex, DHL, etc.) instead of trying to get passengers.
Then again, what do I know.
While I am also on the topic, I heard a rumor that the reason BLV went the passenger route is that intially WN was going to go there but then STL cut them a good deal and got them the east terminal and that killed that.
Propilotjw From United States of America, joined Mar 2000, 588 posts, RR: 7
Reply 5, posted (11 years 2 months 3 weeks 1 day 14 hours ago) and read 3562 times:
I used to work at BLV and let me tell ya, the new airline is getting one hell of a deal. They won't last long but hey, i give it to them for trying. I wish them luck. Be sure to get a lot of pictures of this already doomed airline while they are in service. Should be very interesting to see what happens.
Tbird From United States of America, joined Oct 2001, 851 posts, RR: 20
Reply 6, posted (11 years 2 months 3 weeks 1 day 14 hours ago) and read 3550 times:
I agree with LV, this has to be fake. Plus wasn't there a post just a few weeks ago regarding an Air Florida spotting at KFLL? It turned out that an island charter company was using AF's name and logo. Mid America was a bad idea from the start. TWA owned STL and now AA owns STL, why leave from an alternate airport and have to make a connection when you can just leave STL and fly direct. Plus WN has an impressive presence at STL
Propilotjw From United States of America, joined Mar 2000, 588 posts, RR: 7
Reply 9, posted (11 years 2 months 3 weeks 1 day 8 hours ago) and read 3442 times:
When we had Pan Am here, they were filling the planes.....at first. Pan Am dicked everyone around so much that passengers just got fed up with the operation and stopped flying Pan Am. I think that passenger traffic will work....if it is the right kind. I do not see this airline getting off the ground at BLV. You are right that freight would be great...UPS and FEDEX have bought land at the airport but are not going to do anything until something happens. There is Interstate running on the noth side of the airport and rail tracks on the east. a great location for getting freight out.
Scutfarcus From United States of America, joined May 2000, 387 posts, RR: 1
Reply 10, posted (11 years 2 months 3 weeks 1 day 4 hours ago) and read 3414 times:
The dismal saga of this airport is example number one as to why the state of Illinois is out of their minds to build the proposed third Chicago airport at Peotone. (that's another topic already discussed endlessley here, but the parallels are so glaring I can't help mentioning it).