Gulfstream International Airlines [SEP] inception
Gulfstream International Airlines
Gulfstream International Airlines was a United States airline that operated from 1988 to 2010. The airline primary operated codeshare flights for major airlines. In December 2010, the airline went bankrupt and its assets were sold. Silver Airways launched as a new regional carrier with assets from Gulfstream.
History.
History 1990s.
The airline was established in October 1988 and started operations on December 1, 1990. Thomas L. Cooper, the founder, was a former Boeing 727 captain for Eastern Air Lines during the pilots'
by law, and providing below standard aircraft maintenance.
In response, CEO Dave Hackett stated that "the airline does not have safety violations" and "the vast majority of findings were not violations at all".
History 2010s.
On November 4, 2010, Gulfstream International Airlines, Inc. filed for Chapter 11 bankruptcy protection. In May 2011 Victory Park Capital acquired Gulfstream International Airlines when it bought the assets of Gulfstream International Group. Victory Park also purchased 21 of Gulfstream’s Beechcraft 1900D aircraft from Raytheon Aircraft Credit Corporation