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Airlines

Name: KIWI INTERNATIONAL AIR LINES
7JetSet7 Code: KIW
Status: Currently Not Operational
Region: NORTH AMERICA
City: NEWARK
Country: USA
Employees 574
Web:
Email:
Telephone:
Fax:
Sita:
Background
(definitions)

FOUNDED IN 1992. MANY EX-EASTERN AIRLINES (EAL)/PAN AM (PAA) EMPLOYEES.

JANUARY 1996: EMPLOYEES OWN 57%.

1995 = +$0.77 MILLION (-$24.7 MILLION). 4TH QUARTER = +$0.094 MILLION (-$7.9 MILLION). +21.7% (RPM) PASSENGER TRAFFIC, +29.6% (ASM) CAPACITY, 53.2% LF LOAD FACTOR (-3.5).

JERRY MURPHY, CEO.

FEBRUARY 1996: NEWARK TO BERMUDA (727-200, 162 PAX).

APRIL 1996: AVERAGE AGE OF FLEET IS 23 YEARS.

MAY 1996: 1 A320-200 (V2520-A1), EX-VIETNAM AIRLINES (VIE).

JUNE 1996: 1 727-200 (20676), "C" MAINTENANCE CHECK, CORROSION PREVENTION CONTROL PROGRAM (CPCP) AND PAINT BY STAMBAUGH'S AIR SERVICE.

JULY 1996: THE (FAA) REQUIRED 4 AIRPLANES TO BE REMOVED FROM SERVICE DUE TO TRAINING CONCERNS.

AUGUST 1996: 16TH 727 DELIVERY. THE (FAA) ALLOWS LAST 2 727'S TO RETURN TO SERVICE. HURT BY GUILT FRENZY ASSOCIATED WITH VALUJET (VAU) ACCIDENT.

SEPTEMBER 1996: JERRY MURPHY SAYS THEY WILL REPLACE 727 FLEET. INTERIM TO HUSHKIT 8 727'S.

RECEIVED $2 MILLION CASH INFUSION FROM RECOVERY EQUITY INVESTORS WHO HAS 1/3 STAKE IN KIWI INTERNATIONAL AIRLINES (KIW) & MAY INVEST AN ADDITIONAL $6 MILLION.

OCTOBER 1996: FILED FOR CHAPTER 11 BANKRUPTCY PROTECTION. IS $40 MILLION IN DEBT.

-350 TO -400 EMPLOYEES FURLOUGHED, 800 REMAIN.

NOVEMBER 1996: TO RESTART OPERATIONS BASED ON FINANCIAL AGREEMENT OF +$5 MILLION FOR "DEBTOR IN POSSESSION" FROM WASATCH INTERNATIONAL GROUP, A WEST PALM BEACH INVESTOR WHO OWNS PALM BEACH CRUISE LINES & VIKING PRINCESS CRUISE SHIPS. STARTS SCHEDULED SERVICE, ATLANTA, CHICAGO & OF COURSE WEST PALM BEACH! WASATCH LATER ONLY CAME UP WITH $100,000 - THIS FELL THROUGH. LATEST SAVIOR IS ISBRE HOLDING CORP, NEW YORK, DEALS IN HELICOPTERS AND BOTTLED WATER - TO PUT IN $15 -20M TO GIVE IT CONTROL.

JANUARY 1997: FLYING CHARTERS FOR VALUJET (VAU) & PAN AM (PAA), NEW YORK - MIAMI (MIA) - SAN JUAN.

RETURNING 7 727-200'S TO PEGASUS CAPITAL & WILL 5 YEAR LEASE 4 727-200'S, STAGE 3 FROM CIT (TCI) @ $125,000/MONTH & 3 727'S, STAGE 2 FROM UNIBANK (2) & (GM) AVIATION SERVICES @ $86,000/MONTH.

1996 = -$12.9 MILLION (-$.8 MILLION): -4.3% (RPM) TRAFFIC, -14.1% (ASM) CAPACITY, 60.2% LF LOAD FACTOR (+6.2).

FEBRUARY 1997: WASATCH INTERNATIONAL IS OVERSEEING REORGANIZATION.

MARCH 1997: JACK WARREN, SYSTEM DIRECTOR MAINTENANCE (EX-POLAR AIR CARGO (PAO) & PAN AM (PAA).

JUNE 1997: 1,000 EMPLOYEES.

NEW $16 MILLION BID BY INVESTORS CHARLES EDWARDS & WASATCH TO EMERGE FROM CHAPTER 11. CURRENTLY OPERATES 8 727-200'S NEWARK TO 6 CITIES.

SEPTEMBER 1997: ORLANDO TO SAN JUAN. TO OPERATE NEW YORK (JFK) - MIAMI (MIA) - ARUBA FOR AIR ARUBA. BOSTON - TAMPA.

5 YEARS ANNIVERSARY!

NOW HAS FLOWN 5.638 MILLION PASSENGERS ON 66,317 FLIGHTS. FUTURE PLANS FOR +4 DC-9'S OR F28'S & INCREASE UTILIZATION TO >10 HOURS/DAY.

NOVEMBER 1997: NEWARK - TAMPA ($59 1-WAY). NEWARK - WEST PALM BEACH & ORLANDO - WEST PALM BEACH.

DECEMBER 1997: NJS ACQUISITIONS COMPLETES PURCHASE OF (KIW) INVESTING $16.5 MILLION ($3.5 MILLION FROM RESCUE ARTIST CHARLES EDWARDS) TO BRING IT OUT OF BANKRUPTCY & ALLOW IT THE FLEXIBILITY TO BUY MORE OR DIFFERENT AIRCRAFT.

JANUARY 1998: RECEIVES $2.2 MILLION LOAN FROM KENNEDY FUNDING, A DIRECT PRIVATE LENDING FIRM TO AID RECOVERY EFFORTS.

MARCH 1998: AVIATION INDUSTRIES CORPORATION, ROSELAND, NEW JERSEY, WHICH LAST MONTH INJECTED MONEY IN (SJI), IS INCREASING ITS INVESTMENT IN KIWI INTERNATIONAL AIRLINES (KIW) WITH INTENTION TO MERGE.

APRIL 1998: NONSTOP TO AGUADILLA, PUERTO RICO.

1,000 EMPLOYEES.

MAY 1998: TO NIAGARA.

JUNE 1998: TO SAN JUAN, PUERTO RICO.

JULY 1998: ORLANDO TO SAN JUAN, PUERTO RICO. NONSTOP TO MMIAMI (MIA). (MIA) - AGUADILLA. (MIA) - SAN JUAN.

NOW OWNED BY COVENTRY INDUSTRIES.

AUGUST 1998: 1 727-225 (20622), CAUFF LIPMAN LEASED.

OCTOBER 1998: NEW ROUTE TO FLINT, MICHIGAN.

1997 = -$19.86 MILLION (-$12.95 MILLION). 574 EMPLOYEES (FULL +1/2PART).

NOVEMBER 1998: JERRY MURPHY, PRESIDENT & CEO RESIGNS. HE
WILL BE REPLACED BY CHARLES EDWARDS, CHAIRMAN & ACTING CEO, AND JIMMIE PLAYER, CFO & ACTING PRESIDENT.

BOSTON - WEST PALM BEACH.

DECEMBER 1998: CHICAGO MIDWAY - FLINT, MICHIGAN. NEW YORK (JFK) - AGUADILLA, PUERTO RICO (727-200).

JANUARY 1999: 1998 = +32% (RPM) TRAFFIC, +14% (ASM) CAPACITY, +8% LF, +13% PASSENGERS (PAX). 672.6 MILLION (RPM).

FEBRUARY 1999: 2 727-225'S (21453, N888OZ; 21580, N883OZ),
REPOSSESSED & 1 727-225 (21578, N8881Z), RETURNED TO LESSOR.

MARCH 1999: BORRE THORESEN, SYSTEM DIRECTOR MAINTENANCE & ENGINEERING.

PAN AM (PAA) MAY BUY KIWI INTERNATIONAL AIRLINES (KIW). KIWI HOLDINGS, WHO OWN 15% OF (KIW), CHANGES NAME TO CHARIOT INTERNATIONAL HOLDINGS AND TAKES INTEREST SHARE IN $200 MILLION CRUISE SHIP TO BE LAUNCHED IN 2000. DEPARTMENT OF TRANSPORT (DOT) SAYS (KIW) HAS FAILED TO DEMONSTRATE ITS CONTINUED FITNESS AND MAY REVOKE ITS CERTIFICATE. (KIW) HAS NOT MADE TIMELY PAYMENTS FOR FEES & SERVICES. TOO MANY MANAGEMENT CHANGES. THE (FAA) GROUNDS (KIW) BECAUSE SAFETY OVERSIGHT HAD DETERIORATED.

APRIL 1999: WHILE GROUNDED, ONLY 50 EMPLOYEES REMAIN WITH THE AIRLINE.

MAY 1999: 2 727-225'S (20622; 20624) RETURNED TO CAUFF LIPPMAN.

AUGUST 1999: FILES FOR CHAPTER 7 BANKRUPTCY. TO AUCTION OFF SPARE AIRPLANE PARTS. OWES $12.5 MILLION IN TAXES & $20 MILLION TO CREDITORS.

OCTOBER 1999: 3 727-200F'S (20624; 20626; 20627) TO AIRCORP, LEASED TO EXPRESS ONE (EOI).

NOVEMBER 1999: EXECUTIVE JETPORT, TRENTON-MERCER AIRPORT, WHICH OFFERS CORPORATE MAINTENANCE & FUELING SERVICES, MAKES $6 MILLION BID TO BUY (KIW) NAME & FLIGHT CERTIFICATE, WITH PLANS TO OPERATE 727 CHARTERS FROM TRENTON, NEW JERSEY, OR KIWI'S PREVIOUS NEWARK HUB. (KIW) HAS LAID OFF MOST OF ITS 500 EMPLOYEES AND RETURNED 4 LEASED 727'S.

1998 = -$20.59 MILLION (-$19.86 MILLION).

DECEMBER 1999: VIKING RESOURCES MAKES $3 TO 6 MILLION BID TO BUY BANKRUPT KIWI INTERNATIONAL AIRLINES (KIW). (KIW) WAS NOT ABLE TO ACCEPT ANY OFFERS, AND WILL NOW LIQUIDATE. DEPARTMENT OF TRANSPORTATION (DOT) AIR OPERATION CERTIFICATE (AOC) WAS REVOKED AS IT COULD NOT DEMONSTRATE CONTINUED FITNESS.

JULY 2000: 1999 = 103 MILLION (RPK) (-90.8%); 72.4% LF LOAD FACTOR; 55,000 PASSENGERS (PAX) (-91.8%).

Fleet:
(definitions)

Click below for photos:
KIW

August 2000:

0 727-200 (JT8D) (1 -251: 741-19983, /69, EX-(NWA), (PSS) LSD; 1 727-230: 925-20676, /73, EX-(DLH), GEN MED LSD; 4 727-225: 933-20622, /73 EX-(EAL), (TCI), (TCL) & (FSB) LSD), 20624;, 20626; 20627; TO (EOI) 1999-10. 20676 SCRAPPED. ALL 9 RTND. 160Y.

0 A320-200 (V2520-A1), EX-(VIE), RTND.

Management:
(definitions)

CHARLES EDWARDS, CHAIRMAN & ACTING CHIEF EXECUTIVE OFFICER (CEO).

JERRY MURPHY, PRESIDENT & CEO, RESIGNED 1998-11.

JIMMIE PLAYER, CHIEF FINANCIAL OFFICER (CFO) & ACTING PRESIDENT (1998-11).

BEN WILSON, VP MAINTENANCE & ENGINEERING.

DAN CHAIN, SENIOR DIRECTOR QUALITY ASSURANCE (QA)/ENGINEERING.

BORRE THORESEN, SYSTEMS DIRECTOR MAINTENANCE & ENGINEERING (1999-03).

JOHN MATERA, DIRECTOR MAINTENANCE.

BEENY BENITEZ, MANAGER MAINTENANCE PLANNING/TECHNICAL RECORDS.

GEORGE LEGUERIC, MANAGER QUALITY ASSURANCE (QA).

GEORGE VOSS, MANAGER QUALITY CONTROL (QC).

 
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