Lake Central Airlines

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Lake Central Airlines
IATA
ICAO
Callsign
LC - LAKE CENTRAL
Commenced operations1950
Ceased operations1968, June 1
Operating bases
Parent company
Employee owned
HeadquartersIndianapolis, Indiana, United States

Lake Central Airlines was an

USAir. In 1997 USAir became US Airways. In 2015 US Airways was acquired by American Airlines
.

History

The airline was founded as

Indianapolis, Indiana
. Lake Central's network in the 1950s extended from Chicago to Pittsburgh; in August 1953 it scheduled flights to 21 airports and in May 1968 to 39.

Like other

local service airlines regulated by the federal Civil Aeronautics Board, Lake Central was subsidized; in 1962 its revenue of $10.8 million included $4.2 million of "pub. serv. rev.".[1]

In February 1955 Lake Central Airlines became the first employee-owned scheduled airline in the history of the air transport industry.[2] 162 employees (65% of the total) bought 97.5% of the outstanding stock, 25% outright and the rest financed over 24 months.

Effective July 1, 1968, the airline was acquired by and merged into

Boeing 737-200s
but the order was cancelled.

Fleet

It flew

Nord 262s. DC-3 flights ended in 1967 and by spring 1968 Lake Central had an all-turboprop fleet of Convair 580s and Nord 262s.[4]

Historical fleet

Nord 262
was delivered in August 1965

Lake Central Airlines previously operated the following aircraft:[5]

Destinations in 1968

Shortly before the merger into Allegheny Airlines, Lake Central was serving the following cities with an all-turboprop fleet consisting

Nord 262 aircraft according to its April 28, 1968 timetable:[6]

Accidents and incidents

  • On March 5, 1967,
    Convair 580, crashed near Marseilles, Ohio, with the loss of all 38 passengers and crew.[7]

See also

References

  1. ^ Moody's Transportation Manual 1964
  2. ^ Aviation Week 21 Feb 1955 p111
  3. .
  4. ^ http://www.timetableimages.com, April 28, 1968 Lake Central timetable
  5. ^ "Lake Central Airlines". rzjets. Retrieved 5 August 2019.
  6. ^ "April 28, 1968 Lake Central timetable". Retrieved January 16, 2018.
  7. ^ "Archived copy" (PDF). Archived from the original on 2012-10-04. Retrieved 2013-09-16.{{cite web}}: CS1 maint: archived copy as title (link) CS1 maint: unfit URL (link)

External links