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Planet Airways, Inc.

After extensive market analysis, Planet has identified certain markets that provide ideal opportunities for scheduled service including, but not limited to, the Ft. Lauderdale-Puerto Rico market. Planet intends initially to start service in this market on October 1, 2001, and will concentrate on developing this market before starting scheduled service in other markets. Planet will utilize its Boeing 727 aircraft for this service.

Planet believes market conditions will support Planet's growth into schedule service, and will also allow it to fill a void created with the cessation of operations by other carriers. Providing transportation alternatives for travelers in this market would not only create additional competition, but would also serve the public interest.

Planet's combination of a highly qualified management team and strong financial plan will enable the implementation of its services and provide a much needed, highly reliable and quality focused scheduled service. Planet's diversified management expertise will ensure the highest safety standards and the flexibility of its continues offering will provide and maintain all necessary financial support.

The company's core strategy for achieving success in the competitive scheduled passenger and charter industry is to combine efficient equipment with a dedicated and cost-effective labor force. The company currently operates three Boeing 727-200 series aircraft and one Boeing 727-100 aircraft. These aircraft, which have a 173- and 128-seat configuration, are ideally suited for the type of markets that Planet will target. The company is confident that the above combination of favorable market conditions, industry expertise and efficient operations will allow it to post positive returns and operate a value based quality service that will fill a void in the market. Such service is clearly in the public interest. Planet's fitness is demonstrated in the attached exhibits, and we respectfully urge the DOT to grant the authority requested herein on an expedited basis.

Counsel:  Pillsbury Winthrop, Josh Romanow, 202-775-9800

Planet Airways, Inc.

By:  James Lawyer

Planet Airways, Inc.

During the past six months, Planet Airways has entered into one financing agreement with Citrus Bank for one 727-200 aircraft in the amount of $4,375,000. No major assets have been sold or exchanged during the past six months. The Company has tentatively planned to acquire one additional 727-200 aircraft around November 2001, and expects to secure financing through one of its existing lenders.

Counsel:  Pillsbury Winthrop, Josh Romanow, 202.775.9800, romanov@pillsburywinthrop.com 

Counsel:  Pillsbury Winthrop, Josh Romanow, 202.775.9800, romanov@pillsburywinthrop.com 

Planet Airways, Inc.

Counsel:  Pillsbury Winthrop, Josh Romanow, 202.775.9800, romanov@pillsburywinthrop.com 

Planet Airways, Inc.

Planet, based in Orlando, Florida, holds certificates authorizing it to engage in interstate and foreign charter air transportation of persons, property and mail. Planet began operations in January 2000 using three B-727 aircraft. In May 2001, we authorized Planet to operate a fourth B-727.

On July 10, 2001, Planet, filed an application in Docket OST-01-10115 for a certificate to provide interstate scheduled air transportation of persons, property, and mail pursuant to section 41102 of the Statute. Planet accompanied its application with the fitness information required by section 204.3 of our regulations.

Planet's headquarters is in Orlando while its operations base is located in Ft. Lauderdale. Since its certification, Planet has operated charter flights to a variety of domestic and foreign destinations, and now proposes to conduct scheduled service, initially in the Ft. Lauderdale-San Juan market. The carrier continues to operate three 173-seat B-727-200 and one 128-seat B-727-100 aircraft. Planet's expenses as set forth in its operating proposal are based on the conduct of its charter air transportation using its existing B-727-200 aircraft.

Planet intends initially to provide scheduled passenger service between Ft. Lauderdale and San Juan using aircraft in its fleet. The applicant furnished data for its first year of proposed scheduled flight operations including estimated revenues and expenses. Expenses were projected based on historical data in the same market in which Planet now provides charter operations. The applicant projects first-year total operating revenues of $12.1 million and total operating expenses of $6.3 million based on a total of 1,825 hours of scheduled operations a year, resulting in an estimated profit of approximately $5.8 million.

By:  Read Van De Water

Planet Airways, Inc.

By:  James Lawyer

By:  James Lawyer

By:  James Lawyer

By:  Planet Airways, Mike Sadlier

Order 2006-7-21
OST-1997-2940 - Certificate of Public Convenience
OST-2001-10115 - Certificate of Public Convenience and Necessity - Scheduled Interstate Transportation

Issued and Served July 17, 2006

Order Revoking Certificate Authority

By Order 1998-7-14, issued July, 22, 1998, the Department found Planet Airways fit, willing, and able to conduct interstate charter air transportation as a certificated air carrier and issued to it a certificate of public convenience and necessity. By Order 2000-7-24, issued January 6, 2000, Planet Airways’ interstate charter certificate authority was made effective and we reissued Planet Airways’ interstate certificate to reflect its effective date. The carrier provided service under that authority until May 13. 2005, when it ceased all operations.

By letter dated May 13, 2005, the Department advised Planet Airways that, pursuant to section 204.7, its authority was suspended and it could not resume air transportation operations until the Department had redetermined its fitness to do so. We further stated that if Planet Airways did not resume operations by May 13, 2006, its authority would be revoked for dormancy. It has now been more than one year since Planet Airways ceased operations and we have not received an application from Planet Airways to have its fitness redetermined.

We revoke the certificate of public convenience and necessity issued to Planet Airways, Inc., as amended and reissued by Order 2000-7-24 authorizing it to engage in interstate charter air transportation of persons, property, and mail.

We revoke the certificate of public convenience and necessity issued to Planet Airways, Inc. by Order 2001-11-11 authorizing it to engage in interstate scheduled air transportation of persons, property, and mail.

By: Todd Homan

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