Too bad. Everyone I know raved about the service. Below is the email I received. Listed are the airlines who will be honoring Legend tickets.
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December 2, 2000
11:00 am
Statement of T. Allan McArtor
President and CEO, Legend Airlines
We apologize for the inconveniences we are causing our loyal customers. We
did everything within our means to continue to operate while we secured
financing.
We are voluntarily and TEMPORARILY suspending scheduled service while we
secure capital.
Our non-re-occurring start up costs is the primary reason that we are in
this temporary financial situation as well as the dramatic increase in the
price of fuel. In addition, 3 years of legal fees and continuing litigation
contributed as well. Beyond those costs items, our CASM (Cost per available
seat mile) are in line or lower than industry benchmarks for our type
aircraft.
We believed we had secured additional funding, and when the funds were not
made available, our only alternative was to temporarily suspend operations
until funds could be secured. The tightening in the credit markets and
private equity as well as the time of the year with the holidays delayed our
capital raising.
Our intent is to resume flying as quickly as we can.
We continue to contact all carriers to see who will accept our tickets and
will make an announcement as more information can be confirmed. The
following airlines are honoring Legend tickets:
American West
Continental
Continental Express
Delta
Delta Connection, ASA
Frontier
Midwest Express
National Airlines
For passengers holding E-Tickets for Saturday and Sunday, please see a
Legend Airlines Ticket counter to have your E-Ticket printed to paper before
contacting one of the above airlines. For customers holding tickets beyond
December 03, please do not come to the airport today. If you are holding a
paper ticket from a travel agency, please contact one of the above listed
airlines for reservations.
We will be updating our web site and media as soon as we confirm additional
information.