Investors plan new Eastern Air Lines in US
They are hoping to get off the ground in about a year
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[MIAMI] A group of investors, betting the long-shuttered Eastern Air Lines' logo and other trademarks will jump-start a new airline of the same name, last week filed applications with the US Department of Transportation, hoping to get off the ground in about a year.
The patent on Eastern Air Lines' name and logo was one of the last assets remaining in the now-defunct carrier's estate, said president and chief executive Edward Wegel.
The new Eastern will operate as a charter "for other airlines that have scheduling issues or aircraft issues and need additional craft or for tour operators who want to increase their lift into the Caribbean into the United States", Mr Wegel said.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
