July 31, 2002 |
Vanguard Airlines Inc. filed for Chapter 11 bankruptcy amid a liquidity crunch that forced the low-cost airline to shut down operations and fire about 1,000 employees. The Kansas City-based based carrier said it continued to seek funds in order to resume operations, but Chief Executive Scott Dickson said the company's shutdown probably would be permanent.
January 10, 1998 |
An airline that offered free tickets to anyone who showed up at a stadium parking lot with a case of food for the poor was overwhelmed by generosity Friday. Nearly 3,000 people, bearing canned goods and braving bitter cold, were lined up in the dark when Vanguard Airlines arrived at Kauffman Stadium about 4 a.m. Airline officials who had planned on giving away no more than 1,000 round-trip tickets, good for anywhere the airline flies, were caught off guard by the crowd size.
August 18, 2002 |
Passengers stranded when a bankrupt airline cancels flights are entitled to fly standby on other carriers for no more than $25 each way, the U.S. Department of Transportation has ruled. The Aug. 8 notice was issued after the department received complaints about the treatment of passengers stranded when Vanguard Airlines filed for Chapter 11 bankruptcy protection and stopped flying July 30.
August 16, 2002 |
The average interest rate on a 30-year fixed-rate mortgage dropped to 6.22% this week, the lowest level in 32 years of record keeping, Freddie Mac said. This week's rate surpassed the previous low of 6.31% set last week. The average interest rate on 15-year mortgages, a popular option for refinancing, fell to 5.63% this week, the lowest level since Freddie Mac began tracking these rates in August 1991. Last week's rate was 5.69%.
October 8, 2000
Vanguard Airlines on Thursday will begin offering two daily nonstop flights between LAX and its hub in Kansas City, Mo. Restricted one-way fares start at $99. Tel. (800) 826-4827, Internet http://www.FlyVanguard.com. Southwest Airlines also flies the route nonstop. . . . A new Internet site launched by the Poipu Beach Resort Assn. lets visitors search by date for available lodging, including hotels, condominiums and B&Bs, on the southern side of the Hawaiian island of Kauai and book online.