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What Made Rich Int'l Go Under?

Posted: Fri Dec 26, 2003 5:21 am
by akjetBlue
What made JN go under? What were the final days like? I know they had an affiliation with IAL (leased the DC8 from them). Any and all info would be awesome. They were a great airline.

RE: What Made Rich Int'l Go Under?

Posted: Fri Dec 26, 2003 11:21 am
by DB777
I don't know all the details but I read in the paper the other day about George Batchelor's estate being divvied up and that Rich has a claim for about $25 million because they allegedly got screwed by Batchelor and/or IAL. IAL was left saddled with debt and taxes up the yang-yang.

Don

RE: What Made Rich Int'l Go Under?

Posted: Fri Dec 26, 2003 11:59 am
by luv2fly
Here is an old thread on Rich International it should answer some questions you might have, hope it helps.

https://airliners.net/discussions/general_aviation/read.main/1266646/

RE: What Made Rich Int'l Go Under?

Posted: Fri Dec 26, 2003 6:27 pm
by Bluewave 707
Part of the JN shutdown was due to FAA violations.

The old thread may give you the answer.

RE: What Made Rich Int'l Go Under?

Posted: Sat Dec 27, 2003 2:23 am
by ClipperMonsoon
worked there till just before shutdown, lots of bad management moves, especially when it came to dealing with batch/ial
just my 2 cents worth

RE: What Made Rich Int'l Go Under?

Posted: Sat Dec 27, 2003 4:53 am
by Bluewave 707
When I flew them on a tour charter flight from HNL to LAS, I could tell that the L-1011 we flew on had been around the block a few times. Looking at the reg #, N104EA, I knew that Eastern must have worked that jet while they had it. There didn't seem anything wrong with the planes. I slept all the way home. Just seemed old and battered.