SunValley
Topic Author
Posts: 674
Joined: Mon Sep 08, 2003 6:51 am

Who's Certrificate Is Beauvais Buying?

Fri Nov 07, 2003 9:24 am

Could they be buying the one at Midway?

Proposed discount airline will raise $100 million, officials say
November 06, 2003 5:03 PM
Imperial, Pennsylvania
One of two executives wanting to bring a low-cost airline to Pittsburgh International Airport says he and his partner expect to raise more than 100 million dollars.

The two also believe they'll get fast-track regulatory approvals and will have jets flying by June.

Although it generally takes about 18 months for the Federal Aviation Administration to approve a new airline's operating license, executive Travis Tanner says he and Edward Beauvais (boo-VAY') can get one sooner by acquiring another airline's license.

F-A-A officials say they've heard nothing about those plans since Tanner and Beauvais announced the new airline on October 14th.

Beauvais co-founded America West Airlines and served as its chairman from 1981 to 1992 -- a year after America West filed for bankruptcy. Beauvais left Western Pacific in 1996 and the airline liquidated in 1998 after filing for bankruptcy.








 
OPNLguy
Posts: 11191
Joined: Tue Jun 15, 1999 11:29 am

RE: Who's Certrificate Is Beauvais Buying?

Fri Nov 07, 2003 9:28 am

Maybe...but with Eddie's record with America West and Western Pacific, and over-capacity remaining in the industry, many wonder who'll be dumb enough to loan them $100 million....
ALL views, opinions expressed are mine ONLY and are NOT representative of those shared by Southwest Airlines Co.
 
Capital146
Posts: 2099
Joined: Sun Jun 15, 2003 8:45 pm

RE: Who's Certrificate Is Beauvais Buying?

Fri Nov 07, 2003 9:31 am

SunValley,
Sorry, I misinterpreted the title of your post, as Beauvais is an airport in France which is served by Ryanair which is claimed to be 'near' Paris.
Like a fine wine, one gets better with age.

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