Altair Airlines
Encyclopedia
Altair Airlines was an airline
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...

 based in Philadelphia, Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. It was in service from 1967 to 1982.

The airline was established in 1967 as a regional airline
Regional airline
Regional airlines are airlines that operate regional aircraft to provide passenger air service to communities without sufficient demand to attract mainline service...

. In 1967, Altair's main shareholder was Tristram Colket and it had 587 employees. In May 1970, Altair Airlines was reported by the Civil Aeronautics Board to have the highest bumping rate. In 1982, Altair filed for bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

 due to its many debts. Its last president was Henry P. Hill .

When it ceased operations in November 1982, Altair Airlines had a fleet of six Fokker F28
Fokker F28
The Fokker F28 Fellowship is a short range jet airliner designed and built by defunct Dutch aircraft manufacturer Fokker.-Design and development:...

-4000s and three McDonell Douglas DC9-30s.
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