Air Fresno to sell Canada West assets

Canada West developed as a single aircraft regional airline operating between Vancouver and Edmonton, with a stop in Calgary, was repossessed by Air Fresno when the customer failed to provide the required development plan.

The airline since then has been operating only on a skeleton crew, and now Air Fresno CEO Peter McKay will liquidate the assets in order to develop other projects.

The buyer will receive a single Boeing 737-300 in Canada West livery and the already established routes. The requirement for the development plan has been dropped to assist in a quick sale. Asking price is $44M (virtual) for the airline.

Visit Air Fresno at: http://home.earthlink.net/~airfresno