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PRM-1ST 6 2005
Established in 2003 and started operations in 2004. Domestic & international, scheduled & charter, passenger & cargo, jet airplane services.
375 East Warm Springs Road, Suite 201
Las Vegas, Nevada NV 89119, USA
May 2004: E J "Jake" Garn, Chairman, is a former USA Senator, space shuttle pilot, and Chairman of Senate Committee on Banking, Housing & Urban Development. Rod Slater, Chairman of Board of Advisors, was former Secretary of the USA Department of Transportation (DOT). J Randolf Babbitt, Advisor, is President & CEO, Eclat Consulting, & former President of the Air Line Pilots Association (ALPA).
757-2G5 (RB211-535E4) (228-24497, N497GX), ex-Electra, GATX (GAX) leased.
June 2004: Primaris Airlines (PRM) plans to have an initial fleet of 5 757-200's configured with 108F seats (no middle seats), to operate to domestic and international destinations. Initial markets might include Chicago, Los Angeles, New York, San Francisco, and Washington. International routes could include Paris, Frankfurt, London (Gatwick), and large Canadian cities. Intends to offer a minimum of 3 flights/day on short/mid-haul domestic routes and one daily flight on international routes. This route structure will be adjusted over time as dictated by market factors and passenger requirements.
October 2004: $3.8 billion 20/25 orders (2007-02) 737-800's, 94 PAX & 20/15 orders (2010-02) 787 Dreamliners, 150 PAX.
December 2004: Engaged investment banking firm Calyon Securities as lead placement agent in a private equity raise to fund scheduled operations. Currently operates a single 757 providing charter services to the White House press corps.
June 2005: Primaris Airlines (PRM) operates a scheduled, jet airplane service to domestic and international destinations.
(IATA) Code: FE - 519. (ICAO) Code: - WCP (Callsign - WHITECAP).
Main Base: Las Vegas McCarran International airport (LAS).
Hubs: Los Angeles International airport (LAX); & Newark Liberty International airport (EWR).
July 2005: 757-2G5 (24497, N497GX) wet-leased to Santa Barbara Airlines (BBR).
October 2005: 1st 9 months = Passenger traffic 49.12 million (RPM); 118,000 passengers; 76.5% LF.
July 2006: Las Vegas-based Primaris Airlines (PRM), as expected, postponed plans to order 20 787-8s and 20 737-800s. The original commitment was placed in October 2004, but as 787 sales have picked up, (PRM) backers have come under pressure to firm up the order. Boeing requested a deposit to hold the slots, which had slipped during the past year, but were understood to be for the 2009 - 2010 time frame. They now will be available to other customers. (PRM) still plans to launch scheduled business class operations but is focusing on securing launch capital before reentering the airplane market.
October 2006: 757-230 (24737, N741PA), (PSS) leased, wet-leased to Santa Barbara Airlines (BBR).
February 2007: Primaris Airlines (PRM) received 180-minutes Extended Twin-engine Operations (ETOPS) certification from the USA (FAA). (PRM) also leased and now is operating a second 757-200.
July 2007: 757-21B (24402, N742PA), Pegasus (PSS) leased.
November 2007: Primaris (PRM) 757-2G5 (24497, N740PA), wet-leased to Nayzak Air for Hadj until December 14 2007. 757-230 (24737, N741PA), wet-leased to Air Peru.
December 2007: 757-2G5 (24497, N740PA), wet-leased to Meridian Airlines for Hadj operations.
May 2008: 757-230 (24737, N741PA), wet-leased to RAK Airways (RAK).
September 2008: Primaris Airlines (PRM) is accepting Flight Crew (FC) resumes.
October 2008: Primaris Airlines (PRM) sold 75% of its preferred and outstanding stock to CorpoPetrol Global Energy Development and filed for Chapter 11 bankruptcy protection in order to allow CorpoPetrol to finalize the financing. Primaris (PRM) operated 757-200s.