CoAir@IAH From United States of America, joined Feb 2001, 271 posts, RR: 0 Posted (11 years 10 months 3 days 2 hours ago) and read 1004 times:
It appears that the group that tried to save Lengend Airways back in March is going to buy the naming rights and resume service from Dallas to New York.
There was a news clip in the Austin American Statesman this morning with more details.
Ienjoyplanes2 From , joined Dec 1969, posts, RR: Reply 1, posted (11 years 10 months 3 days 2 hours ago) and read 944 times:
i would really enjoy seeing that happen. when legend started i anticipated that they would excel in the airline buisness. the whole idea seemed really genius to me... well shows how much i know.
-Lou
VirginA340 From United States of America, joined Jul 2005, 15 posts, RR: 0 Reply 2, posted (11 years 10 months 3 days 2 hours ago) and read 938 times:
Do they even own any of the DC-9s left or has that gone back to it's lessors? Last I heard that there were 3. But I think they had better get more $$$ and Captial. They also need to make better decisions then the previous managment. They did fine til they decided to fly to LAS. They could've flown to BOS, MIA, SFO or even ORD but nooo they had to go to LAS. Their previous destiantions were LAX, LGA, IAD, LAS and Love Field.
Milemaster From United States of America, joined Mar 2001, 1011 posts, RR: 2 Reply 3, posted (11 years 10 months 3 days 2 hours ago) and read 924 times:
I hope Legend returns from the dead for the sole reason that AA would have to find a way to restore it's all-first-class service from DAL again. Since AA yAANked the first class meals and amenities two months ago, I'd like to see how they bring it all back without looking like a bunch of pricks.
Milemaster From United States of America, joined Mar 2001, 1011 posts, RR: 2 Reply 5, posted (11 years 10 months 3 days 1 hour ago) and read 897 times:
Here is the official article from WFAA-TV here in Dallas:
FORT WORTH — An Florida-based investor group says it's agreed to buy the name of bankrupt Legend Airlines.
Tampa, Florida-based Viking Resources International says it wants to resume flights from Dallas to New York and Washington, DC, using four of Legend's DC-Nines.
Viking CEO Thomas Patterson tells the Fort Worth Star-Telegram that he's still lining up financing.
A Dallas attorney who represents the bankruptcy trustee confirmed that the trustee has informally agreed to sell the Legend name to Viking, contingent on financing.
Viking Resources tried to buy Legend's name and some assets in March. But it couldn't raise the estimated $25 million it would take to buy the Legend name and resume service.
The firm made an unsuccessful attempt to buy bankrupt Kiwi Airlines in 1999.
Sccutler From United States of America, joined Jan 2000, 5101 posts, RR: 28 Reply 9, posted (11 years 10 months 2 days 22 hours ago) and read 848 times:
Those of you who've read my prior posts about LC know how enthused I am about the concept, and how much I enjoyed their service when I flew on LC.
But... I'm from Missouri on this story (as in, you gotta show me).
Back when Viking talked (press-released) about a possible acquisition, before all the assets had been liquidated, my research suggested to me that they had nothing like the capital base required to re-start the airline by themselves, and absent substantial assets of their own to put at risk, I don't see much likelihood that they will successfully raise capital from independent investors.
But the terminal sits, quietly, waiting for something to happen. And I'm sure that the leasing companies which owned the DC-9s (none were actually owned by LC) would gladly lease them to a new operator.
Hope springs eternal.
...three miles from BRONS, clear for the ILS one five approach...
Srbmod From United States of America, joined Mar 2001, 16896 posts, RR: 51 Reply 11, posted (11 years 10 months 2 days 16 hours ago) and read 807 times:
Actually two of the early customers for the 717 were Pembroke Capital and Bavaria Leasing. If I am not mistaken, all of the 717s they ordered as currently operated by Impulse (sorry...Qantaslink), Olympic Aviation, and Bankok Air, so I don't think any might be available at this time. Hey, they could get some F100s from Midway! And probably at a very good price to boot.
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