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Coral Air
Coral Air (IATA code: VY) was an airline from the United States Virgin Islands, based in St. Croix. It flew from February 1980 to 1985, serving Isla Verde International Airport in San Juan, Puerto Rico as well as Tortola, Nevis and St. Kitts from Alexander Hamilton Airport, St. Croix. It was owned by J.S. Jervis. At one point, Coral Air received GAF Nomad and Shorts SD-330 aircraft, the latter of which allowed the airline to employ flight attendants for their relatively short flights. These aircraft were leased. Eventually, the GAF Nomads were returned to lessor Hughes Aviation Services of the United States. Coral Air was then left with two aircraft, an SD-330 and a Britten Norman Islander. Lessors increased the rate of the SD-330's lease, so that aircraft was returned too. In 1981, Coral Air filed a petition for reorganization under the Bankruptcy Act. It was rejected during August 6 of 1982, but, at that same date, the courts accepted a secondary plan submitted by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IATA Code
IATA codes are abbreviations that the International Air Transport Association (IATA) publishes to facilitate air travel. They are typically 1, 2, 3, or 4 character combinations (referred to as unigrams, digrams, trigrams, or tetragrams, respectively) that uniquely identify locations, equipment, companies, and times to standardize international flight operations. All codes within each group follow a pattern (same number of characters, and using either all letters or letter/digit combinations) to reduce the potential for error. Airport codes IATA airport codes are trigram letter designations for airports, like "ORY" (Paris-Orly Airport), "CPT" (Cape Town International Airport), OTP ( Otopeni International Airport) and "BCN" ( Barcelona-El Prat). Airline designators IATA airline designators are digram letter/digit codes for airline companies, like "M6" (Amerijet), "NH" (All Nippon Airways), and "4A" (Air Kiribati). Aircraft type designators IATA aircraft type designat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Corporation
A shell corporation is a company or corporation that exists only on paper and has no office and no employees, but may have a bank account or may hold passive investments or be the registered owner of assets, such as intellectual property, or ships. Shell companies may be registered to the address of a company that provides a service setting up shell companies, and which may act as the agent for receipt of legal correspondence (such as an accountant or lawyer). The company may serve as a vehicle for business transactions without itself having any significant assets or operations. Shell companies are used regularly for tax evasion, tax avoidance, money laundering, or to achieve a specific goal such as anonymity. Anonymity may be sought to shield personal assets from others, such as a spouse when a marriage is breaking down, from creditors, or from government authorities. Shell companies can have legitimate business purposes. They may, for example, act as trustee for a trust, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1985 Disestablishments In The United States Virgin Islands
The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a new agreement on fishing rights. * January 7 – Japan Aerospace Exploration Agency launches '' Sakigake'', Japan's first interplanetary spacecraft and the first deep space probe to be launched by any country other than the United States or the Soviet Union. * January 15 – Tancredo Neves is elected president of Brazil by the Congress, ending the 21-year military rule. * January 20 – Ronald Reagan is privately sworn in for a second term as President of the United States. * January 27 – The Economic Cooperation Organization (ECO) is formed, in Tehran. * January 28 – The charity single record " We Are the World" is recorded by USA for Africa. February * February 4 – The border between Gibraltar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
