History
The airline was established in December 1993. In October 2003, it notified the government of its intent to restructure its operations under Canada's Bankruptcy and Insolvency Act. In June 2004 the airline emerged from bankruptcy.
On May 16, 2005 it was announced that Knighthawk Air Express had received a cancellation notice from its customer stating that both of its air routes would be cancelled effective from May 28, 2005. As a result the airline took immediate steps to reduce its costs and overheads and started the disposition of its airfreight assets.
Read more about this topic: Knighthawk Air Express
Famous quotes containing the word history:
“A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.”
—Henry David Thoreau (1817–1862)
“The history of all previous societies has been the history of class struggles.”
—Karl Marx (1818–1883)
“Anyone who is practically acquainted with scientific work is aware that those who refuse to go beyond fact rarely get as far as fact; and anyone who has studied the history of science knows that almost every great step therein has been made by the “anticipation of Nature.””
—Thomas Henry Huxley (1825–95)