Boston-Maine Airways has lost its regulatory bid to delay
revocation of its operating certificate.
The US DOT had ruled 1 February that the carrier, which uses
the name Pan Am Clipper Connection, “failed to continue to remain fit, willing,
and able to fly as a certificated air carrier”.
Portsmouth, New Hampshire-based Boston-Maine then asked the
department to grant it an extension of time, until April 11, to file additional
responses while it sought new investors or decided to liquidate.
Boston-Maine, which flies Jetstream
31s but had sought to expand with Boeing 727s, said it would voluntarily cease
operations on February 29 if granted the extra time, but DOT, in an order
served February 19, denied the extension.
The agency “believes that 30 days is more than sufficient
time for Boston-Maine to determine an appropriate course of action. Revocation
of Boston-Maine’s economic authority, if made final, would not preclude the
sale of the company or its assets.”
The agency had begun investigating the privately held New
England-based carrier as long ago as 2005 after it found that Boston-Maine had
submitted falsified financial documents.
It could not immediately be determined if Boston-Maine would
abide by its vow of a late February shutdown, an action that would leave the
Trenton/Mercer County airport in New Jersey without any scheduled air service.
Airline labour had raised some of
the most serious charges against the carrier, which is controlled by the same
individuals who won rights to the Pan Am name and have used it for their other
principle asset, a regional railroad in New England.
That railroad was formerly the Boston & Maine.