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Airlines

Name: ACCESSAIR
7JetSet7 Code: CCE
Status: Currently Not Operational
Region: NORTH AMERICA
City: DES MOINES
Country: USA
Employees 412
Web: accessair.con
Email:
Telephone:
Fax:
Sita:
Background
(definitions)

STARTED OPERATIONS IN 1999. DOMESTIC, SCHEDULED & CHARTER, PASSENGER & CARGO, JET AIRPLANE SERVICES.

MAY 1997: TO QUAD CITIES: DAVENPORT & BATTENDORF (IOWA); MOLINE & ROCK ISLAND (ILLINOIS), + NEW YORK, LOS ANGELES (LAX), & SAN FRANCISCO (SFO).

737-200 LEASED.

SEPTEMBER 1997: PLANS TO BEGIN FLYING IN OCTOBER 1997 WITH 737'S.

ROGER PEARSON, CEO (FORMER EASTERN AIRLINES (EAL) VP).

DECEMBER 1997: PLANS TO START OPERATIONS MID-JANUARY 1998. SLOTS OBTAINED AT NEW YORK LAGUARDIA TO PEORIA/MOLINE - DES MOINES.

MARCH 1998: START-UP NOW SCHEDULED FOR JULY 1998.

SCHEDULED MAINTENANCE AT LAKE CITY, FLORIDA.

2 737-230'S (23156;, 23157), EX-(DLH), JETZ LEASED. PLANS FOR +8 737-200'S.

JANUARY 1999: TO START OPERATIONS IN 1ST QUARTER WITH 2 737-200'S, LEASED, NEW YORK TO LOS ANGELES (LAX).

FEBRUARY 1999: FROM DES MOINES, IOWA, QUAD CITIES, & WICHITA TO LOS ANGELES (LAX), NEW YORK, WITH EXPANSION TO SAN FRANCISCO (SFO) AND WASHINGTON DC.

ROGER FERGUSON, FOUNDER, PRESIDENT & CEO (20 YEARS EX-EASTERN AIRLINES (EAL) VP M&E), WAS PRESIDENT OF INDEPENDENCE AIR, WHICH FAILED TO GET STARTED. PATRICK LEVI, VP MAINTENANCE & ENGINEERING (EX-(EAL) 19 YEARS).

EXPECTS TO LEASE 6 737'S, WITH 2 CLASSES, 51C, 35 INS, & 66Y, 32 INS. +3 737'S EVERY 6 MONTHS.

APRIL 1999: (http://www.accessair.com).

LAUNCHES SERVICE TO LOS ANGELES (LAX) & NEW YORK LAGUARDIA, VIA MOLINE (QUAD CITIES), & PEORIA, ILLINOIS.

MAY 1999: TO COLORADO SPRINGS, WITH 1 NONSTOP TO LOS ANGELES (LAX) AND 1 TO DES MOINES, WHICH CONTINUES TO QUAD CITIES/MOLINE AND NEW YORK LAGUARDIA. NEXT MONTH 3RD & 4TH 737'S WILL EXPAND SERVICE.

2 737-236'S (23161, N623AC; 23165, N624AC), EX-AEROPERU (PER), PEGASUS (PSS) LEASED FOR 78 MONTHS.

JUNE 1999: JAY FRITCHEN, DIRECTOR MAINTENANCE, EX-MANAGER MAINTENANCE
CONTROL, REPLACES STEVE SCHMEES WHO LEFT THE COMPANY.

PEORIA - COLORADO SPRINGS - LOS ANGELES (LAX).

JULY 1999: 2/3 ORDERS AVAERO STAGE 3 HUSHKITS FOR 737-200'S.

RICH MUSAL, PRESIDENT & COO, EX-CFO.

OCTOBER 1999: 5TH ORDER (NOVEMBER 1999) 737-200, UNICAPITAL LEASED.
PLANS FOR 6TH EARLY NEXT YEAR 2000.

ROGER FERGUSON, FOUNDER AND CEO, EX-VP EASTERN AIRLINES (EAL), RESIGNED AFTER LESS THAN 1 YEAR.

NOVEMBER 1999: RECEIVES $1 MILLION INTEREST-FREE LOAN FROM POLK COUNTY, IOWA AND $500,000 FROM CITY OF DES MOINES, WHICH ACCESSAIR (CCE) WILL USE FOR EXPANSION.

TIM HUFF, CHIEF INSPECTOR.

LAID OFF 30 EMPLOYEES WHO WERE STAFFED FOR OPERATIONS OF 6 AIRPLANES, BUT ONLY 4 CURRENTLY OPERATING.

SERVICE TO 6 POINTS: NEW YORK LAGUARDIA, LOS ANGELES (LAX), COLORADO SPRINGS, DES MOINES, MOLINE, & PEORIA, ILLINOIS.

DECEMBER 1999: CEASES ALL OPERATIONS. FILES FOR CHAPTER 11 BANKRUPTCY. MAIN REASONS FOR FAILURE OF MOST NEW START-UPS: INADEQUATE CAPITAL; MANAGEMENT PROBLEMS; AND POOR BUSINESS PLAN. ACCESSAIR (CCE) HAD ALL THREE! (CCE) AT BANKRUPTCY FILING STATED IT HAD $10.1 MILLION ASSETS AND $20.7 MILLION DEBTS.

JANUARY 2000: CLINGS TO LIFE WITH $1 MILLION INTEREST-FREE LOAN FROM STATE OF IOWA BACKED BY RUAN CENTER CORPORATION TO RESTART LIMITED CHARTER FLIGHTS. REQUESTED $6.5 MILLION FUNDING FROM STATE OF IOWA.

FEBRUARY 2000: 2 737'S RETURNED TO PEGASUS (PSS) AFTER COULD NOT
AFFORD $500,000/MONTH LEASING COST. CONTINUES CHARTERS WITH REMAINING 737'S AS IT RESTRUCTURES.

737-230 (23156) "C" CHECK & CORROSION PREVENTION & CONTROL PROGRAM (CPCP) AT COOPESA (COO).

MARCH 2000: RICH MUSAL, PRESIDENT, RESIGNS IN WAKE OF BANKRUPTCY. HOPES TO RELAUNCH SERVICE WITHIN 60 DAYS. PLANS RE-START IN MID-5/00, WITH NEW NAME "IOWAIR" WITH 2 737-200'S (23156; 23157) & +5 ORDERS. PLANS TO CODE SHARE WITH AMERICAN TRANS AIR (AAT). TO RESTART TO CHICAGO MIDWAY, LOS ANGELES (LAX), SAN FRANCISCO (SFO), COLORADO SPRINGS, NEW YORK LAGUARDIA, AND REAGAN NATIONAL.

APRIL 2000: 737-200 (23157) "C" CHECK, CORROSION PREVENTION & CONTROL PROGRAM (CPCP), & AIRWORTHINESS DIRECTIVES (AD)'S AT COOPESA
(COO). 412 EMPLOYEES.

JUNE 2000: ALTHOUGH STILL IN CHAPTER 11, RECEIVED COMMITMENT FROM RUAN, IOWA, & OTHER INVESTORS, TO PROVIDE FINANCING FOR RESTART OF SERVICES TO LOS ANGELES (LAX), CHICAGO MIDWAY, LAS VEGAS, AND ORLANDO, WITH 2 737-200'S.

IN JULY 2000, TO RENO - PORTLAND, OREGON.

1 ORDER (SEPTEMBER 2000) 737-200 AND WILL RETAIN "ACCESSAIR" NAME. 1 737-236 (JT8D-15A) (23165), RETURNED TO PEGASUS (PSS), LEASED TO EUROSUN (EUU).

JULY 2000: 1999 = 29 MILLION (RPK) PASSENGER TRAFFIC; 36.4% LF LOAD FACTOR; 14,000 PASSENGERS (PAX); 412 EMPLOYEES.

AUGUST 2000: PLANS TO RESUME SERVICE IN SEPTEMBER 2000 AFTER 10 MONTHS OF FUNDRAISING AND REORGANIZATION. LOCAL BUSINESSMAN, JOHN RUAN 111 HAS PLEDGED $13 MILLION AND IS AWAITING DEPARTMENT OF TRANSPORTATION (DOT)'S FINANCIAL FITNESS REVIEW.

HAS RETURNED 2 OF 4 737-200'S TO PEGASUS (PSS). HAS OPERATED CHARTERS WITH 2 REMAINING AIRPLANES.

SEPTEMBER 2000: RESUMES SERVICE TO CHICAGO-MIDWAY. IN FALL, TO PHOENIX AND LOS ANGELES (LAX).

CLARK KELLER, DIRECTOR SAFETY, REPLACES AL REEVES.

NOVEMBER 2000: (DOT) OK'S SCHEDULED OPERATIONS TO CHICAGO MIDWAY
(737-200).

DECEMBER 2000: EXPECTS TO EXIT BANKRUPTCY SOON.

FEBRUARY 2001: NEW REORGANIZATION PLAN PROPOSES USING RJ'S, 30-50 PAX INSTEAD OF 737-200'S. CURRENT 2 737-200'S ONLY HAVE 24% AVERAGE LOAD FACTOR (LF) ON ROUTE TO CHICAGO MIDWAY. 1 FAIRCHILD DORNIER 328JET STARTS SERVICE WITH 7 BY AUGUST 2001.

PROCEEDS TO CHAPTER 7 LIQUIDATION.

MARCH 2001: DAVID KOLKHORST, DIRECTOR MAINTENANCE, REPLACES BRIAN JAY FRITCHEN.

APRIL 2001: 412 EMPLOYEES.

Fleet:
(definitions)

March 2001:

0 737-2H4 (JT8D HK) (499-21340, /77 66 76), EX-(SWA), RTND (N29SW), LST (RYN) 1999-03.

0 737-230 HGW (JT8D-15 HK) (1085-23157, /85 28 26 N623AC), EX-(DLH) & JETZ, (PSS) LSD, (23156; 23157; RTND 2001-03). 117 PAX.

0 737-2P6 (JT8D HK) (497-21357, /77 36 44), EX-(GUL), RTND (GEH), LSD
(MND).

0 737-236 (JT8D HK) (23161, N623AC; 23165, N624AC), EX-(PER), (PSS) 78 MTH LSD 1999-05, AVAERO STAGE 3 HUSHKITS, RTND 2000-02, 23154 LST (RSE), 23165 LST (EUU).

0 ORDERS 737-200 (JT8D HK), (UAG) LSD, CANCELED.

0 +6 ORDERS FAIRCHILD DORNIER 328JET, CANCELED.

Management:
(definitions)

JOHN RUAN III, CHAIRMAN.

DAVID KOLKHORST, DIRECTOR MAINTENANCE (2001-03),
(dkolkhorst@accessair.com).

BRIAN LUNDQUIST, DIRECTOR QUALITY CONTROL (QC).

CLARK KELLER, DIRECTOR SAFETY (ckeller@accessair.com) (2000-09).

 
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