One of our managers was informed by the FAA that Pace Airlines, an FAA Part 121 Charter carrier based in Winston-Salem, NC, surrendered their certificate to the FAA on 30 December, 2009. Pace had operated B-737, 757 and 767 aircraft and had contracts to fly the Dallas Mavericks, Carolina Hurricanes and Oakland Athletics in addition to numerous "high end" charters.
For those who worked at Pace or followed their demise at the hands of Mr. William (Bill) Rogers of Kansas City, Stuart Varney and Darrell Richardson this has to be the ultimate insane action taken by these individuals and those who control the assets of Pace Airlines. While the certificate has been "inactive" since September 17th, to simply surrender an asset some value at over $1 million dollars on today's market simply defies belief.
Oh well....
G'Day Mates
