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:
“To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.”
—Thomas Jefferson (1743–1826)
“The history of progress is written in the blood of men and women who have dared to espouse an unpopular cause, as, for instance, the black man’s right to his body, or woman’s right to her soul.”
—Emma Goldman (1869–1940)
“Don’t you realize that this is a new empire? Why, folks, there’s never been anything like this since creation. Creation, huh, that took six days, this was done in one. History made in an hour. Why it’s a miracle out of the Old Testament!”
—Howard Estabrook (1884–1978)