Las Vegas Sun

August 21, 2008

Bankruptcies shouldn’t hurt McCarran

Officials at McCarran International Airport say they aren’t worried about being paid by the bankrupt airlines that packed up operations in a recent flurry of Chapter 11 filings.

Five airlines either in bankruptcy or planning to shutter operations owe McCarran nearly $400,000 in unpaid rental and landing fees.

McCarran spokesman Chris Jones said McCarran has letter of credit on file for all the airlines and that administrators are confident that they would recover most, if not all, the money the carriers owe.

As of early April, Denver-based Frontier Airlines, which continues to fly, owed $200,898. Two companies that closed down – Indianapolis-based ATA and Aloha Airlines of Honolulu – owe $103,320 and $25,394, respectively.

British carrier MAXjet, which shut down on Christmas Eve, was a “non-permitted” airline operating at McCarran, meaning its ground handler, Serviceair, paid its fees.

Minneapolis-based charter air carrier Champion, which announced that it would cease operations in May, owes McCarran $61,223.

Discussion: 1 comment so far...

  1. It's probably tax payer money anyway...who cares.

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