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Air 21
Air21 Airlines was a short-lived United States airline based in Fresno, California, led by Mark Morro, founded by David Miller and co-founded by David J. VanderLugt. The airline operated five Fokker F28 Fellowship 64-passenger twin engine jet aircraft. History Air21, named through its slogan "Your Low-Cost Carrier and Low-Cost Airline for the Twenty-First Century", was founded by David Miller in January 1994. Miller, a management pilot and executive, partnered with David J. VanderLugt, treasurer of a small startup airline in Visalia, California. In October 1994, Miller and VanderLugt filed necessary paperwork for the certification of operations with the United States Department of Transportation in Washington, D.C. The next year, in March 1995, Miller and VanderLugt along with Mark Morro and Joe Levy, CEO of Gottschalks Department Stores, released their IPO prospectus for the airline. Air21 commenced passenger operations in December 1995. The crash of ValuJet Airlines Flight ...
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21 Air
21 Air, LLC is an all-cargo airline of the United States with headquarters at Greensboro, North Carolina. The airline operates a fleet of Boeing 767 aircraft. Its main base is the Piedmont Triad International Airport. History 21 Air was founded in February 25, 2014 as a virtual airline operating under Dynamic Airways' air operator's certificate. Destinations 21 Air operates scheduled cargo services between the United States and Mexico. Fleet Current fleet As of December 2022, the 21 Air fleet consists of the following aircraft: 21 Air also operates an Airbus A330-200 as an auxiliary freighter in sub-service basis. Former fleet The fleet of 21 Air also consisted of the following aircraft: *1 Boeing 747-400BCF See also * List of airlines of the United States This is a list of airlines which have an air operator's certificate issued by the Federal Aviation Administration of the United States. Note: Destinations in bold indicate primary hubs, those in ''italic'' indic ...
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Visalia, California
Visalia ( ) is a city in the agricultural San Joaquin Valley of California. The population was 141,384 as per the 2020 census. Visalia is the fifth-largest city in the San Joaquin Valley, the 42nd most populous in California, and 192nd in the United States. As the county seat of Tulare County, Visalia serves as the economic and governmental center to one of the most productive agricultural counties in the country. Yosemite, Sequoia, and Kings Canyon National Parks are located in the nearby Sierra Nevada mountains, the highest mountain range within the contiguous United States. Visalia is west of Sequoia National Park, and south of Fresno. History The area around Visalia was first settled by the Yokuts and Mono Native American tribes hundreds of years ago. When the first Europeans arrived is unknown, but the first to make a written record of the area was Pedro Fages in 1722. When California achieved statehood in 1850, Tulare County did not exist. The land t ...
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Airlines Disestablished In 1997
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been a ...
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Airlines Established In 1995
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been a ...
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Defunct Airlines Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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List Of Defunct Airlines Of The United States
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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Monterey Regional Airport
Monterey Regional Airport is three miles (5 km) southeast of Monterey, in Monterey County, California, United States. It was created in 1936 and was known as the Monterey Peninsula Airport until the board of directors renamed it on September 14, 2011. The airport is owned by the municipalities that make up the Monterey Peninsula Airport District. It is a public entity and its five-member board of directors is publicly elected. The airport has its origins with flights from the polo field of the Hotel Del Monte in 1910. In 1941, local communities formed the Monterey Peninsula Airport District and acquired land to build an airport. World War II intervened, and the U.S. Navy leased the land, opening Naval Auxiliary Air Station Monterey on May 23, 1943. The Navy remained at the airport until 1972. Runways The airport covers and has two runways: * 10R/28L: asphalt * 10L/28R: asphalt Airlines and destinations Passenger Allegiant Air is the only airline serving Mo ...
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Chapter 7, Title 11, United States Code
Chapter 7 of Title 11 of the United States Code (Bankruptcy Code) governs the process of liquidation under the bankruptcy laws of the United States, in contrast to Chapters 11 and 13, which govern the process of ''reorganization'' of a debtor. Chapter 7 is the most common form of bankruptcy in the United States. For businesses When a troubled business is unable to pay its creditors, it may file (or be forced by its creditors to file) for bankruptcy in a federal court under Chapter 7. A Chapter 7 filing means that the business ceases operations unless those operations are continued by the Chapter 7 trustee. A Chapter 7 trustee is appointed almost immediately, with broad powers to examine the business's financial affairs. The trustee generally liquidates the assets and distributes the proceeds to the creditors. This may or may not mean that all employees will lose their jobs. When a large company enters Chapter 7 bankruptcy, entire divisions of the company may be sold intac ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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ValuJet Airlines Flight 592
ValuJet Airlines Flight 592 was a regularly scheduled flight from Miami International Airport to Hartsfield–Jackson Atlanta International Airport. On May 11, 1996, the ValuJet Airlines McDonnell Douglas DC-9 operating the route crashed into the Everglades about 10 minutes after taking off from Miami as a result of a fire in the cargo compartment caused by mislabeled and improperly stored hazardous cargo. All 110 people on board died. The airline already had a poor safety record before the crash, and the accident brought widespread attention to the airline's problems. The airline was grounded for several months after the accident. When operations resumed, ValuJet was unable to attract the same amount of customers that it had before the accident. It acquired AirTran in 1997, but the lingering damage to the ValuJet name led ValuJet executives to assume the AirTran name. Background ValuJet Airlines was founded in 1992 and was known for its sometimes aggressive cost-cutting measure ...
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Prospectus (finance)
{{unreferenced, date=October 2015 A prospectus, in finance, is a disclosure document that describes a financial security for potential buyers. It commonly provides investors with material information about mutual funds, stocks, bonds and other investments, such as a description of the company's business, financial statements, biographies of officers and directors, detailed information about their compensation, any litigation that is taking place, a list of material properties and any other material information. In the context of an individual securities offering, such as an initial public offering, a prospectus is distributed by underwriters or brokerages to potential investors. Today, prospectuses are most widely distributed through websites such as EDGAR and its equivalents in other countries. United States In a securities offering in the United States, a prospectus is required to be filed with the Securities and Exchange Commission (SEC) as part of a registration statement. T ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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