Tag Archives: Sky King

Sky King ceases all operations

Sky King‘s (Lakeland) remaining employees were notified on January 26, 2014 that Sky King, Inc. was ceasing operations. On January 6, 2014, President Frank Visconti was replaced by Dr. Daniel Carson, formerly of Vision Airlines. According to this article by AviationPros.com, Lakeland Linder Regional Airport Director Gene Conrad confirmed the charter airline has suspended operations at LAL.

Sky King in late 2013 returned most of its fleet as it lost some business including many of its charters flights to Cuba.

The company never really recovered after Direct Air went out of business on March 13, 2012 causing Sky King to filed for Chapter 11 bankruptcy reorganization on March 16, 2012. It filed again on August 31, 2012.

The company originally commenced operations in July 1990, based in Sacramento, California. Its first customer, the NBA Sacramento Kings, was the reason for its name which was also the name of an old TV show.

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Copyright Photo: Luimer Cordero/AirlinersGallery.com. Most of the aircraft did not have titles. Boeing 737-4Q8 N916SK (msn 24706) wore C&T Charters titles, one its Cuban charters clients.

Sky King:

Sky King secures DIP financial backing for its reorganization

Sky King, Inc. (Sky King Airlines) (Lakeland) has announced the successful negotiation of Debtor in Possession financing and intends to seek immediate court approval. The private investment consortium providing the financing is represented by Dr. Daniel Carson, an experienced aviation executive and entrepreneur. Sky King and the investment group have not announced plans for the company but are certain the airline will put forth a formal plan of reorganization in the near future. Sky King’s President, Frank Visconti stated: “This is simply the next step in the long process of restructuring and preparing the Company for the future. We are proud of the work we have done and are excited to welcome Dr. Carson and his associates into the process as they bring not only capital but equally important expansion opportunities in new markets.”

Sky King began operating in 1995 under FAR Part 125 and in 2002, the Company was granted Part 121 operating authority by the Federal Aviation Administration. Operating a fleet of Boeing 737 aircraft, the Company serves the Tour Operator, Private Charter and Public Charter markets, serving numerous Casino operators, sports franchises and scheduled flight service providers. One specific market served by Sky King involves over 150 flights per month between the US and Cuba on behalf of several US Treasury Department licensed service providers. Sky King filed for Chapter 11 Bankruptcy protection on August 31^st, 2012 after two of Sky King’s largest clients in 2011 and 2012 ceased operations with substantial, unpaid debt to Sky King; these were among several factors ultimately contributing to the Company’s decision to seek Chapter 11 reorganization protection.

Copyright Photo: Brian Mcdonough. Boeing 737-4Q8 N916SK (msn 24706) with rare titles approaches Miami International Airport after finishing a Cuban charter.