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 country grows in history not only because of the heroism of its troops on the field of battle, it grows also when it turns to justice and to right for the conservation of its interests.”
—Aristide Briand (1862–1932)
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (1826–1877)
“Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
—Pierre Bayle (1647–1706)