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Airlines

Name: FINE AIR
7JetSet7 Code: FAS
Status: Currently Not Operational
Region: NORTH AMERICA
City: MIAMI
Country: USA
Employees 1117
Web: fineair.com
Email:
Telephone:
Fax:
Sita: MIAHQFB
Background
(definitions)

ESTABLISHED IN 1992. INTERNATIONAL, SCHEDULED & CHARTER, CARGO, JET AIRPLANE SERVICES.

DECEMBER 1994: TO COLOMBIA, COSTA RICA, DOMINICAN REPUBLIC, GUATEMALA, HONDURAS, NICARAGUA, PANAMA, TRINIDAD & TOBAGO, EL SALVADOR, VENZUELA, PUERTO RICO, AND ECUADOR.

INCDT: RIGHT MAIN GEAR OF DC-8-54F (45684) FAILED ON TAKEOFF AT NEW YORK (JFK).

NOVEMBER 1995: LARGEST INTERNATIONAL CARGO OPERATOR AT MIAMI (MIA).

JANUARY 1997: TO WET-LEASE ALL-CARGO SERVICE MIAMI (MIA) TO CHILE WITH DC-8-50F/-61F'S.

1996 = 199.4 MILLION (FTM) (FREIGHT TRAFFIC) (167.1 MILLION).

JUNE 1997: 800 EMPLOYEES (INCLUDING 120 FLIGHT CREW (FC) & 20 MAINTENANCE TECHNICIANS (MT)).

BEGAN SUB-SERVICE FOR (ALM).

JULY 1997: 1 L-1011-200F (RB211-524B4), EX-MILLON.

AUGUST 1997: ACCDT: FINE AIR (FAS) DC-8-61C (JT3D-3B) (45942) CRASHED ON TAKEOFF AT MIAMI (MIA) = TOTAL 4 FATALITIES. DUE TO MIS-LOADING. AIRPLANE 19 YEARS OLD.

SEPTEMBER 1997: ORDERS 15 SHIPSETS OF QUIET TECHNOLOGY VENTURES, SUPPLEMENTAL TYPE CERTIFICATE (STC) APPROVED STAGE 3 HUSHKITS FOR DC-8-50 WITH SHORT DUCT (JT3D-3B) ENGINES. EXPECTS CERTIFICATION FOR DC-8-61'S BY THE END OF 1997.

SUSPENDS OPERATIONS FOLLOWING 10-DAY (FAA) INSPECTION WHICH FOUND "INADEQUATE CONTROL OVER ITS CARGO OPERATIONS INCLUDING HAZARDOUS
MATERIAL VIOLATIONS." HOPES TO RESUME OPERATIONS IN 30 DAYS.

LATER, (FAA) GIVES OK TO RESUME OPERATIONS IN 3 WEEKS.

OCTOBER 1997: RESUMES OPERATIONS WITH 14 DC-8F'S & 1 L-1011F.

DECEMBER 1997: ROY SYKES, SENIOR DIRECTOR MAINTENANCE, EX-CARNIVAL AIRLINES (CVL).

JANUARY 1998: PURCHASES (ILF)'S LAST L-1011. FOLLOWING DC-8'S IN STORAGE: 2 DC-8-54AF (45800, HUSHKITTED, BUILT /65, & 46011, BUILT /68); 3 DC-8-54CF (ALL HUSHKITTED, BUILT /63, 45667; 45669; 45684); DC-8-54F (HUSHKITTED) (45637, BUILT /62); DC-8-55CF (HUSHKITTED) (45678, BUILT /65); 2 DC-8-61C (BOTH HUSHKITTED) (45888, BUILT /67, 46159, BUILT /71).

APRIL 1998: 800 EMPLOYEES (INCLUDING 120 FLIGHT CREW (FC) & 20 MAINTENANCE TECHNICIANS (MT)).

SOLD L-1011-200F (1158) TO CHARTAVIA.

MAY 1998: 1ST 4 MONTHS = 80.87 MILLION (FTK) (-32.5%).

JUNE 1998: DEPARTMENT OF TRANSPORTATION (DOT) OK'S SCHEDULED CARGO SERVICE TO QUITO AND GUAYAQUIL, ECUADOR.

JULY 1998: TO ACQUIRE SOUTHERN AIR TRANSPORT (STT) TO ENABLE FINE AIR (FAS) TO OFFER AIRCRAFT, CREW, MAINTENANCE, & INSURANCE (ACMI) WET-LEASE SERVICES TO A BROADER RANGE OF CUSTOMERS, & EXPAND SCHEDULED CARGO SERVICES TO SOUTHERNMOST COUNTRIES IN SOUTH AMERICA AND SERVE HIGHER-VOLUME ROUTES BETTER.

AUGUST 1998: $225,000 CONTRACT FROM CIVIL RESERVE AIR FLEET (CRAF) PROGRAM.

SEPTEMBER 1998: (DOT) AWARDS RENEWALS OF SCHEDULED FOREIGN CARGO SERVICE TO CENTRAL AMERICA, SOUTH AMERICA, SPAIN & CARIBBEAN. SPAIN SERVICE INCLUDING VITORIA, MADRID, & VALENCIA.

PARTNERSHIP WITH QUIET TECHNOLOGY VENTURE, MIAMI, ACQUIRES SUPPLEMENTAL TYPE CERTIFICATE (STC) TO INSTALL STAGE 3 HUSH KITS ON DC-8-50/-60 AIRPLANES. STARTS TO INSTALL ON (FAS) 14 AIRPLANES. TERMINATES ACQUISITION OF SOUTHERN AIR TRANSPORT (STT).

OCTOBER 1998: 1997 = -$1.9 MILLION (+$8.15 MILLION).

NOVEMBER 1998: OPERATES A DC-8 FOR GUYANA AIRWAYS (GUY). REPLACES TRADEWINDS AIRLINES (TWD) L-1011. DC-8-50F (JT3D-3).

JANUARY 1999: JOHN FLAGG, VP INFORMATION TECHNOLOGY, EX-SOUTHERN AIR TRANSPORT (STT).

FEBRUARY 1999: BUYS ARROW AIR (ARW) FOR $115 MILLION FROM INTERNATIONAL AIR LEASES INCLUDING 13 DC-8'S AND 4 L-1011'S.

1 L-1011, (CSV) LEASED.

MARCH 1999: LEN HOBBS, VP MAINTENANCE, EX-VP TECHNICAL SERVICES, SOUTHERN AIR TRANSPORT (STT). JOHN FLAGG, VP INFORMATION TECHNOLOGY.

APRIL 1999: 800 EMPLOYEES (INCLUDING 120 FLIGHT CREW (FC) & 20 MAINTENANCE TECHNICIANS (MT)).

SITA: MIAHQFB.

JULY 1999: PERUVIAN GOVERNMENT OK'S FLIGHTS TO PERU AGAIN.

DC-8-50F WET-LEASED TO AIR JAMAICA (JAM) FOR 2 YEARS.

AUGUST 1999: PLANS TO BUILD 125,000 SQ FT CARGO FACILITY WITH AN ADJACENT RAMP AT MIAMI FOR $20 MILLION IN CONJUNCTION WITH LANCHILE (LAN). THE FACILITY WILL BE USED BY FINE AIR (FAS) AND ARROW AIR (ARW), AND HALF OF SPACE WILL BE REFRIGERATED. THE RAMP WILL HOLD 8 WIDE BODY AIRPLANES.

OCTOBER 1999: MICHAEL MENDEZ, VP MAINTENANCE REPLACES LEN HOBBS.

PLANS TO RETIRE DC-8-50F FLEET IN 2000.

NOVEMBER 1999: 1998 = +$4.87 MILLION (+$115,000) (NET PROFIT): 179.9 MILLION (FTM) (FREIGHT TRAFFIC) (198.3 MILLION).

JANUARY 2000: (DOT) AWARDS FINE AIR (FAS) COMPREHENSIVE CARGO SERVICE TO ARGENTINA VIA INTERMEDIATE POINTS.

SUBSIDIARY, FINE/AAA INTERAIR, HIALEAH, FLORIDA, PLANS TO ENTER ENGINE (HAS 120) COMPONENT & AIRPLANE PARTS SALES & LEASING BUSINESS. HAS >80,000 PARTS IN INVENTORY.

ROY SYKES, DIRECTOR MAINTENANCE RESIGNS TO JOIN PLANET AIRWAYS (PLN) IN SAME POSITION.

MARCH 2000: TOP 10 CARGO AT MIAMI 1999 TONS:
1. TLS 260K (+13.7%); 2. AAL 171K (-6.5%); 3. CHA 141K (-1.9%); 4. ARW 119K (+9.4%); 5. TMP 118K (+8.3%); 6. FAS 112K (-29.7%); 7. CKF 92K (-34.1%); 8. UPS 70K (+20.3%); 9. UAL 58K (-6.4%); 10. AMJ 44K (-46.5%).

APRIL 2000: AEROMAR (TRO) FINED $1.5 MILLION BY (FAA) FOR "KNOWINGLY UNDERSTATING THE WEIGHT" OF PALLETS LOADED IN FINE AIR (FAS) DC-8, WHICH CRASHED NEAR MIAMI, IN AUGUST 1997. (TRO) PLEADED GUILTY TO ATTEMPTING TO CONCEAL EVIDENCE OF THIS ACCIDENT. FINE AIR (FAS) PARENT FINE AIR SERVICES ALSO FINED $5 MILLION.

LUIS PLANAS, CHIEF INSPECTOR RESIGNS TO JOIN (AAR), OKLAHOMA.

800 EMPLOYEES (INCLUDING 120 FLIGHT CREW (FC), & 20 MAINTENANCE TECHNICIANS (MT)).

(http://www.fineair.com).

MAY 2000: PABLO DIPASQUALE, DIRECTOR QUALITY CONTROL (QC)/CHIEF INSPECTOR. RICHARD STREHSE, DIRECTOR QUALITY ASSURANCE (QA).

JULY 2000: 1999 = +$12.75 MILLION (-$456,000): 205.54 MILLION (FTK) (-21.8%); 1,117 EMPLOYEES (+10.3%).

SEPTEMBER 2000: ALL FINE AIR (FAS) AIRPLANES TRANSFERRED TO ARROW AIR (ARW) AIRPLANE OPERATIONS CERTIFICATE (AOC).

FILED CHAPTER 11 BANKRUPTCY.

OCTOBER 2000: PLANS TO MERGE WITH ITS SUBSIDIARY ARROW AIR (ARW).

NOVEMBER 2000: RECEIVED 2-YEAR, $55 MILLION SECURED FINANCING FROM BANK OF AMERICA.

FEBRUARY 2001: MERGER WITH ARROW AIR (ARW) FINALLY COMPLETED. ARROW
(ARW) WILL CHANGE NAME TO FINE AIR SERVICES CORPORATION, WITH A TRADE NAME OF FINE AIR. SERVES 28 DESTINATIONS IN LATIN AMERICA & THE CARIBBEAN.

WILL EMERGE FROM CHAPTER 11 IN MAY 2001.

SEPTEMBER 2001: OPERATES MILITARY CHARTERS TO EUROPE AND THE
MIDDLE EAST USING DC-8-61'S.

DECEMBER 2001: EMERGES FROM BANKRUPTCY AND TAKES ARROW AIR (ARW) NAME TO RESTART OPERATIONS. SEE (ARW).

Fleet:
(definitions)

December 2001:

1 DC-8-50F (JT3D-3), EX-ATLAS AIRLINES, 2 YR WET-LST (JAM).

3 DC-8-51F (330-45935) GROUNDED 2001-05.

4 DC-8-54F (182-45669; 195-45684; 408-46011); GROUNDED 2001-05. WFU.

0 DC-8-55F (218-45678); GROUNDED 2001-05. WFU.

1 DC-8-61F (JT3D-3B) (1 CRASHED AT (MIA) (1997-08).

1 L-1011, EX-(ILF).

1 L-1011, (CSV) LSD 1999-02.

2 ROCKWELL SABRELINER 60.

Management:
(definitions)

FRANK FINE, CHAIRMAN.

BARRY FINE, PRESIDENT.

JOHN ZAPPIA, COO (1998-10), EX-VP MAINTENANCE.

MICHAEL MENDEZ, VP MAINTENANCE (1999-10), ALSO OF (ARW),
(mmendez@fineair.com).

RICHARD MIKLUSCAK, VP QUALITY ASSURANCE (QA) (1998-10) & ENGINEERING.

JOHN FLAGG, VP INFORMATION TECHNOLOGY (1999-01), EX-(STT).

ROY SYKES, DIRECTOR MAINTENANCE, RESIGNED 2000-01, TO (PLN).

RICHARD STREHSE, DIRECTOR QUALITY ASSURANCE (QA) (2000-04).

PABLO DIPASQUALE, DIRECTOR QUALITY CONTROL (QC)/CHIEF INSPECTOR (2000-04), (qc@fineair.com).

 
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