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Airlines

Name: NATIONAL AIRLINES
7JetSet7 Code: NAB
Status: Currently Not Operational
Region: NORTH AMERICA
City: LAS VEGAS
Country: USA
Employees 1300
Web: nationalairlines.com
Email:
Telephone: +1 (702) 944- 2800
Fax: +1 (702) 944-2775
Sita:
Background
(definitions)

STARTED OPERATIONS IN 1999. MICHAEL CONWAY, FOUNDER & (CEO) (FORMER CO-FOUNDER OF AMERICA WEST (AMW), BUYS "NATIONAL" NAME.

USA (United States of America) was established in 1776, it covers an area of 9,363,123 sq km, its population is 280 million, its capital city is Washington DC, and its official language is English.

PLANS ALL-757 FLEET WITH "FULL-FRILLS" 22F OPERATION. SERVICE OUT OF BOSTON, NEW YORK (JFK), NEWARK, MIAMI (MIA), TAMPA, ORLANDO, ATLANTA, HOUSTON, DALLAS/FORT WORTH (DFW), CHICAGO (ORD), DETROIT, & PHILADELPHIA. PLANS TO HAVE 40 AIRPLANES WITHIN 5 YEARS, TO 24 MAJOR CITIES. TO RECEIVE $30 MILLION BACKING FROM HARRAH'S, AND THE RIO CASINOS, & $7 MILLION FROM WEXFORD MANAGEMENT, AS A REGIONAL AIRLINE PARTNER. INITIAL OPERATIONS WITH 4 757-200'S, 172 PAX, OPERATING 11 DAILY ROUNDTRIPS, BETWEEN LAS VEGAS & LOS ANGELES (LAX), (MIA), NEW YORK, AND SAN FRANCISCO (SFO). HARRAH'S OWNS 48%.

OCTOBER 1998: JAMES CARR, SENIOR VP OPERATIONS. NOLAN WILEY, VP MAINTENANCE.

JANUARY 1999: TO START SERVICES TO - SAN FRANCISCO (SFO)/ - LOS ANGELES (LAX)/ - NEW YORK (JFK)/ - MIAMI (MIA), IN LATE 3/99.

2 757-200'S (24771, EX-ISTANBUL AIRLINES [IST]; 26244, EX-IBERIA AIRLINES [IBE]), SUNROCK (SNR) LEASED.

FEBRUARY 1999: PLANS FOR PROJECTED FLEET OF 40 757'S. LAUNCH NOW SET FOR APRIL 1ST. HAS 4 GATES AT LAS VEGAS.

LAS VEGAS - CHICAGO MIDWAY - LOS ANGELES (LAX), IN MID APRIL 1999.

1 ORDER (MAY 1999) 757-23A (24567), EX-NORTH AMERICAN AIRLINES (NNA) (RB211-535E4), AWAS (AWW) LEASED, "C" MAINTENANCE CHECK BY SHANNON AEROSPACE.

APRIL 1999: 1 757-204 (26962, N512NA), EX-ISTANBUL AIRLINES (IST), BOULLIOUN (BOU) LEASED.

MAY 1999: LAUNCHES SERVICE TO CHICAGO MIDWAY, & LOS ANGELES (LAX). NEXT MONTH, TO NEW YORK (JFK), AND SAN FRANCISCO (SFO).

757-23A (24567), AWAS (AWW) LEASED.

JUNE 1999: IN AUGUST 1999 TO DALLAS/FORT WORTH (DFW).

757-200 (24620), EX-GUYANA (GUY), (ILF) LEASED. 2 757-236'S (29444, N545NA; 29445, N546NA), EX-BRITISH AIRWAYS (BAB). 1 757-28A (24260, N517NA), (MSA) LEASED.

AUGUST 1999: 757-200 (25592), EX-AEROMEXICO (AMX). 1 757-200 (29942), PEMBROKE (PEB) LEASED. 1 757-200 (26244), EX-IBERIA AIRLINES (IBE), SUNROCK (SNR) LEASED. 1 757-200 (23895), EX-BRITANNIA AIRWAYS (BRI), UNICAPITAL 7 YEAR LEASED.

SEPTEMBER 1999: NONSTOP TO PHILADELPHIA IN NOVEMBER 1999. DALLAS/FORT WORTH (DFW) TO LOS ANGELES (LAX) & SAN FRANCISCO (SFO), WITH FREE STOP IN LAS VEGAS.

NOVEMBER 1999: IN DECEMBER 1999, TO CHICAGO MIDWAY, DALLAS/FORT WORTH (DFW), AND SAN FRANCISCO (SFO). IN JANUARY 2000 TO MIAMI (MIA) (ITS 8TH CITY SERVED).

DECEMBER 1999: 1 757-200 (29945), PEMBROKE (PEB) LEASED.

JANUARY 2000: 8TH CITY, WITH SERVICE TO MIAMI (MIA).

FEBRUARY 2000: 1 ORDER (MAY 2000) 757-200 (30043), (ILF) 11 YEAR LEASED.

MARCH 2000: 1 757-200 (25133), EX-MEXICANA (CMA), PEGASUS (PSS) LEASED.

APRIL 2000: IN JULY 2000, NONSTOP TO NEWARK.

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

757-23A (24291), EX-AIR HOLLAND (HOL), AWAS (AWW) LEASED.

MAY 2000: 1ST QUATER = +VE PROFIT, BEING ONE OF FASTEST NEW ENTRANTS IN MODERN HISTORY TO MAKE MONEY. OPERATES 11 757'S TO 8 CITIES, AND WILL HAVE 20, BY THE END OF 2000. UNIT COSTS OF 6.68 CENTS IS FAR BELOW SOUTHWEST AIRLINE'S (SWA) 7.68. AIRPLANE UTILIZATION IS 13 HOURS/DAY. PLANS TO ACQUIRE 10 AIRPLANES/YEAR FOR NEXT 3 TO 5 YEARS.

TIM HOLT, DIRECTOR QUALITY CONTROL EX-PLANET AIRWAYS (PLN).

JUNE 2000: TO CHICAGO (ORD) (AWARDED 3 DAILY LANDING SLOTS).

+8/12 ORDERS (JANUARY 2001) 757-200'S, (GEH) LEASED. 1 757-236 (24794, /90 39 15), EX-AIR EUROPA (ARE), TOMBO (TOM) LEASED.

JULY 2000: HEAVY MAINTENENANCE CONTRACT TO GOODRICH (TRAMCO) (BFG), FOR 12 757-200'S.

AUGUST 2000: IN OCTOBER 2000, DAILY NON-STOPS TO WASHINGTON NATIONAL. IN JANUARY 2001, TO CHICAGO (ORD).

1999 = -$39.93 MILLION: 769,000 (RPK) PASSENGER TRAFFIC; 54.1% LF LOAD FACTOR; 345,000 PASSENGERS (PAX); 856 EMPLOYEES.

SEPTEMBER 2000: 757-28A (N750NA "BUSH CHENEY 2000") CHARTER FOR REPUBLICAN, PRESIDENTIAL CAMPAIGN.

NOVEMBER 2000: MICHAEL BAXTER, VP MAINTENANCE & ENGINEERING.

1 757-256 (26245), EX-(IBE), SUNROCK (SNR) LEASED.

DECEMBER 2000: FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION.

HAS $120 MILLION DEBTS. HAS BEEN GROWING ITS NETWORK AGGRESSIVELY, SINCE LAUNCH IN MAY 1999, AND ACTUALLY ACHIEVED PROFITABILITY IN MARCH 2000, BUT IT DID NOT PERFORM WELL IN 2ND HALF OF 2000, AS IT DID NOT HAVE ENOUGH MONEY TO SUPPORT ITS GROWING NETWORK, AND MUCH HIGHER FUEL BILLS (NO FUEL HEDGING), AND LEASES ALL ITS 757'S. NOW HAS 16 757'S, & SERVICE TO 9 CITIES, COAST-TO-COAST. WAS SUPPOSED TO START JANUARY 2001 SERVICE TO CHICAGO (ORD), & RECEIVE 2 757-200'S (GEH) LEASED. CONTINUES FLYING, EVEN THO' ITS LIABILITIES HAVE SOARED TO $119.5 MILLION. DISCUSSIONS WITH NEW INVESTORS FOR NEW FUNDING. HAS HAD SIX PROFITABLE MONTHS SINCE MARCH 2000. FUEL COSTS +20%. STILL DOING ITS 60 DAILY DEPARTURES. ADJUSTING FOR CAPACITY INCREASES, ADVANCE BOOKINGS ARE STILL +60% FOR NEXT 6 MONTHS.

MAY 2001: TO CHICAGO O'HARE (ORD) (2/DAY).

JUNE 2001: SERIOUSLY CONSIDERING BID FOR PARTNERSHIP WITH FORMER (TWA) CHAIRMAN, CARL ICAHN.

JULY 2001: SINCE FILING FOR BANKRUPTCY LAST DECEMBER 2000, (NAB) HAS LOST -$22 MILLION AND HAS DEBTS >$100 MILLION.

SEPTEMBER 2001: FOLLOWING GROUNDING OF THE USA AIRLINE FLEET IN THE AFTERMATH OF THE "9/11," ISLAMIC, TERRORIST ATTACK ON THE NEW YORK WORLD TRADE CENTER (WTC) TOWERS AND THE PENTAGON, NATIONAL AIRLINES (NAB) WILL CUT ITS (ASM)'S CAPACITY BY A MINIMUM OF -20%.

757-28A (30043) RETURNED TO (ILF). WILL FURLOUGH -300 WORKERS.

DECEMBER 2001: EXPECTS TO STEP OUT OF CHAPTER 11 IN EARLY 2002. HAS RECALLED 70 OF 250 FURLOUGHED ENPLOYEES.

757-28A (30043, N523NA) (ILF) LEASED (AGAIN).

JANUARY 2002: REORGANIZATION PLAN IS APPROVED BY COURT TO ALLOW NATIONAL AIRLINES (NAB) TO EMERGE FROM CHAPTER 11.

FEBRUARY 2002: IN MAY 2002, TO SEATTLE.

APRIL 2002: 1,300 EMPLOYEES.

1st Quarter = 1.11 billion (RPK) traffic (-2.54%); -7.08% (ASK) caspacity; 65% LF load factor (+3); 529,000 passengers (PAX) (+.95%); 986,000 (FTK) freight traffic (-19.83%).

May 2002: 3 757-200'S (28161; 26521; 24544), EX-(ATW), (ILF) LEASED.

July 2002: In November 2002, to Miami (MIA), August 2002 to Washington Dulles (2/day), Washington National (Reagan); & Reno/Tahoe International (4/day).

2001 = -$40.3 million (-$35.07 million): 5.09 billion (RPK) traffic (+23.1%); 68.9% LF load factor; 2.35 million passengers (PAX) (+18.2%); 4.62 million (FTK) freight traffic (-22.5%); 1,300 employees (-5.2%). 6 months = 2.48 billion (RPK) (-3.74%); -5.97% (ASK); 68.2% LF load factor; 1.18 million passengers (PAX) (+.08%); 2.07 million (FTK) (-19.88%).

August 2002: National Airlines (NAB) application for USA Federal loan guarantee ($50.5 million guarantee for $60 million loan) was rejected.

November 2002: National Airlines(NAB) may not emerge from Chapter 11 bankruptcy protection, because of the collapse of a $2 million financing deal.

Later, suspends operations.

Fleet:
(definitions)

Click below for photos:
NAB-757-200
NAB-757-200s

November 2002:

0 757-28A (RB211-535E4) (30043), (ILF) 11 YR LSD 10/01, RTND 3/03, LST (NNA).

1 757-2T7 (RB211-535E4) (132-23895, /87 N513NA), EX-(MON)/(BRI), (UAG) 7 YR LSD.

0 757-204 (RB211-535E4) (440-26962, N512NA), EX-(IST), (BOU) LSD. RTND 11/02. 172 PAX.

0 757-23A (215-24291), EX-(HOL), (AWW) LSD 4/00, RTND 11/01.

0 757-23A (RB211-535E4) (257-24567, N757NA), EX-(NNA), (AWW) LSD, "C" CHECK BY SHANNON AEROSPACE. RTND 11/02.

1 757-236 (RB211-535E4) (272-24771, /90 N506NA), EX-(INT)/(IST), (SNR) LSD 2/99, 22F, 153Y.

0 757-236 (RB211-535E4) (867-29942, /99 N508NA, 8/99), (PEB) LSD 11/99. RTND 11/02.

0 757-236 (RB211-535E4) (374-25133, N522NA), EX-(CMA), (PSS) LSD 3/00. RTND 11/02.

0 757-236 (RB211-535E4) (453-25592, N521NA), EX-(AMX) 8/99. RTND (PSS) 11/02, LST (TAL).

0 757-236 (RB211-535E4) (872-29444, N545NA; 873-29445, N546NA), EX-(BAB), RTND 11/02.

0 757-236 (RB211-535E4) (278-24794, /90 39 15), EX-(ARE), (TOM) LSD 6/00, RTND 11/02.

0 757-256 (RB211-535E4) (617-26245, /94), EX-(IBE), (SNR) LSD 4/01 (616-26244, /94 N544NA; 673-26245, /99 N546NA). 26244 RTND (SNR) 11/02. 26245 RTND, LST (ICE) 3/03.

0 ORDERS 757-26N (950-32446, N558NA; 951-32447, N559NA), CANCELED.

0 757-28A (RB211-535E4) (204-24260, N517NA), EX-(GUY), (ILF) LSD. RTND 11/02.

1 757-200 (RB211-535E4) (24544; 26521; 28161), EX-(ATW), (ILF) LSD 5/02. 26521; 28161 RTND 11/02.

Management:
(definitions)

MICHAEL CONWAY, FOUNDER, CHAIRMAN, PRESIDENT & CEO.

CAPTAIN JIM CARR, SENIOR VP OPERATIONS (10/98).

MICHAEL BAXTER, VP MAINTENANCE & ENGINEERING (11/00).

NOLAN WILEY, VP MAINTENANCE (10/98) (nwiley@nationalairlines.com).

TOM JASPERSON, DIRECTOR QUALITY ASSURANCE (4/99).

DAVE GILES, DIRECTOR MAINTENANCE (4/99).

TIM HOLT, DIRECTOR QUALITY CONTROL, EX-(PLN) (4/00), RTND (PLN) 5/01.

STEPHEN FIFIELD, MANAGER QUALITY CONTROL, TECHNICAL PUBLICATIONS, & TRAINING (4/99), (sfifield@nationalairlines.com).

 
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