OST-02-11335

OST-02-11335

Piedmont Aviation Services, Inc. d/b/a Pace Airlines

OST-02-11335	January 15, 2002	Application for a Disclaimer of Jurisdiction and Reissuance of Certificates or, in the Alternative Approval of the Transfer of Operating Authority	Disclaimer of Jurisdiction and Reissuance of Certificates or, in the Alternative Approval of the Transfer of Operating Authority
		Service List

PASI's corporate reorganization and transfer of assets to PACE will have no material change on the management, financial resources or ownership of the airline. The current airline management will continue to manage the operations of PACE and will retain their existing duties. There will be no effect on the ownership and control of the airline by virtue of dropping the airline into a new wholly owned subsidiary of PAR PACE will be wholly owned by PAR and PASI's owners will continue to be the airline's owners after the reorganization.

Counsel: Shaw Pittman, Sheryl Israel, 202.663.8060

Piedmont Aviation Services, Inc. d/b/a Pace Airlines

Order 02-1-17
OST-02-11335

Issued January 31, 2002
Served February 1, 2002

Order Disclaiming Jurisdiction and Reissuing Certificates

Disclaimer of Jurisdiction and Reissuance of Certificates or, in the Alternative Approval of the Transfer of Operating Authority

By: Randall Bennett