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Content Node ID: 342711
SEO Title
VLJ Airline Start-up Closes Doors
Subtitle
Point2Point Airways, the Grand Forks, N.D.-based on-demand “airline style” charter company, ceased operations and laid off all its employees last month.
Subject Area
Channel
Content Body
Point2Point Airways, the Grand Forks, N.D.-based on-demand “airline style” charter company, ceased operations and laid off all its employees last month. It was formed in 2002 to respond to what it called a lack of connectivity in the Great Plains region. Although the company operated only piston aircraft when it closed its doors, its business plan had included many Diamond D-Jets and Eclipse 500s, and both were featured prominently on the company’s Web site. Founder and CEO Jim Boehle told city officials in Bismarck, N.D., where Point2Point was to have its second base, that weak revenues and the inability to fly in icing conditions hurt the bottom line.
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Publication Date (intermediate)
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