BIRMINGHAM, Alabama – Southern Airways,
the small, Memphis-based airline that began Birmingham service in July,
is raising funds for an expansion, founder Stan Little said today.
The airline, which was launched in August, is in discussions with
venture capitalists in New York, Little said in a prepared statement.
"We need the next round of funding to secure more aircraft, expand our
routes, and add the resources we need to do it right," he said.
The
airline currently flies four refurbished nine-seat Cessna turboprops
and serves five states. Tickets for flights from Birmingham to the Gulf
Coast range in price from $129 to $249 each way with flights to Gulf
Shores, Destin and Panama City.
The potential investors have
expressed interest in duplicating Southern Airways’ model in the
Northeast, serving New York, the Hamptons and Cape Cod, Little said. The
airline is pitching the addition of routes connecting Memphis with
Southeastern cities that lost nonstop service following the Northwest
Airlines, Delta merger, he said.
Story, Photo Gallery and Comments/Reaction: http://www.al.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment