Flying Tiger Line
This air cargo carrier offered services across the globe. The New York Times reported that Flying Tiger Line was founded by a group of pilots who served on the Flying Tiger fighter squadron in 1945. During the Second World War, this crew was formed to keep the Burma Road to China out of Japanese hands. Tiger International Inc., which is the parent company of Flying Tiger Line, went through a couple of losses over the years. During his time as its chairman, Stephen M. Wolf was able to make a lot of profit, but he ultimately left the company. In the late ‘80s, Federal Express bought Tiger for $880 million.
Flying Tiger Line
Champion Air
Formerly based in Minnesota, Champion Air let the world know that it was going to cease operations in 2008. Here is part of the statement released by Lee Steele, its CEO: “Our business model is no longer viable in a world of $110 oil, a struggling economy and rapidly changing demand for services.” Star Tribune reports that the airline company got its start as MGM Grand Air in 1993. Dick Page managed to acquire the operating certificate from MGM Grand Air and then founded Champion with it. In 1997, new owners took over the company but later sold its charter service to a couple of companies six years later.
Champion Air
