Posted on 07/30/2002 4:02:28 AM PDT by Oldeconomybuyer
Edited on 04/13/2004 2:40:39 AM PDT by Jim Robinson. [history]
KANSAS CITY, Mo. (AP) -- Vanguard Airlines suspended operations Tuesday, saying it would lay off nearly all its employees and file for Chapter 11 bankruptcy organization.
The Kansas City-based discount carrier has never shown an annual profit in eight years of operation. A recorded announcement on its reservation line early Tuesday said all Tuesday and Wednesday flights had been cancelled and all other flights scheduled after that have been suspended indefinitely.
(Excerpt) Read more at sfgate.com ...
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