Jump to content

Photo

Shell Airways to Declare Bankruptcy. Will Liquidate All Assets.

- - - - -

  • This topic is locked This topic is locked
3 replies to this topic

#1
astarr

astarr

    Junior Member

  • Member
  • 5 posts
PRESS RELEASE:

Shell Airways CEO has announced that it will declare bankruptcy in the near future. Citing "commitment to the bar exam," he stated that he can no longer perform the duties of a CEO while studying "for the most important exam of my life."

"Business is doing great," he stated. "We were consistently in the top 75 airlines. But I will not be able to dedicate the time for adjusting and acquiring routes, buying aircraft, and trying to figure out hell do I go beyond 50% load factor on that pesky ORD-MKE route."

In the near future, it will liquidate all of its modest assets. At the time of writing, Shell Airways had:

8 Airbus A319-100s
6 Airbus A340-300s
2 Airbus A330-300s
1 Airbus A380
1 Airbus A340-500
2 Boeing 757-200s
1 Boeing 737-800
8 Embraer EMB 195 LRs
5 Bombardier Q400s
1 Fairchild Dornier 328 and
1 Raytheon Beech 1900D

It also flew in 52 cities on four continents.

:airplane

#2
glarus

glarus

    Senior Member

  • Member
  • 93 posts
Looks like you have PMs turned off. What school? I'm also a law student, sitting in VA in spring 2008, will be a 4th year evening student in 07-08

#3
astarr

astarr

    Junior Member

  • Member
  • 5 posts

Looks like you have PMs turned off. What school? I'm also a law student, sitting in VA in spring 2008, will be a 4th year evening student in 07-08


Sorry, what are PMs? Haha...PMS.

Anyway...Widener and I'm taking PA bar. I'm also a 4th year (or was, rather) evening student.

#4
airozzie

airozzie

    Watchdog's Senior Manager

  • Member
  • 633 posts
Oh it will be a shame to see you go from Asia, I currently coincide with you on a couple of routes. Anyway I am interested in your A340-300’s send them over to 16635 and I will pick them up  cheers

Good luck with the exams




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users