Bankrupt National Airlines ends operations

By Andrew Compart

LAS VEGAS -- National Airlines ceased operations Nov. 6, after nearly two years of flying under Chapter 11 bankruptcy protection.

Agents lose a carrier that had continued to pay 10% commission, and travelers lose a low-fare option.

National's customers have a few choices in what to do about their tickets.

Under the Aviation and Transportation Security Act, customers holding valid paper or electronic tickets from insolvent or bankrupt carriers for a particular route are entitled to transportation on a space-available basis on any airline currently serving that route.

The provision, part of the law enacted in the aftermath of Sept. 11, is in effect for 18 months. It will expire in May.

In previously issued guidance on the statutory requirement, the Transportation Department said the airlines must honor each other's tickets in such situations "to the extent practicable," so long as passengers request accommodation within 60 days of the suspension of service.

The DOT said the airlines are entitled to recover the marginal cost of providing the transportation, but the DOT said the costs should not exceed $25.

National is not providing ticket refunds. But the airline noted that customers who purchased their tickets with MasterCard or Visa credit cards may apply for a refund through their credit card company.

Customers using other credit cards must inquire at their respective credit card companies about refunds, National said.

Use of National tickets on other carriers may affect customers' refund requests with their respective credit card companies, National added.

ARC, meanwhile, suspended its reporting agreement with the carrier, but said it would continue to process all National transactions submitted with the period ending dates of Nov. 3 and Nov. 10.

ARC said it would work with the airline to determine processing beyond that.

National has been living on the edge for a while, having filed for Chapter 11 bankruptcy protection in December 2000.

Its position became even more precarious after the Air Transportation Stabilization Board in August rejected National's application for a $50.5 million federal loan guarantee.

National president and CEO Michael Conway wasn't happy about that, accusing the board of favoring major carriers over smaller low-fare competitors, and he took another, parting shot in the airline's Nov. 6 press release.

"The ATSB is choosing winners and losers in the industry, notwithstanding direction from Congress to the contrary," Conway said.

After the ATSB rejected the application, National put together a $112 million financing deal. But a backer who was going to provide a $2 million letter of credit pulled out in late October, which seemed to factor into the collapse of the deal.

Conway said in the press release that National "exhausted every possible viable alternative" for funding before deciding to cease operations.

"I truly hope that other carriers pick up the service vacuum and still maintain the low-fare competition that National brought into every city we served," Conway said.

National had continued to pay 10% commission until its demise, but in recent months Conway had complained the payments were not bringing the airline enough extra business from agents.

"There's no question that we are generating more sales [from agents], but you've got to compare the incremental bookings with the cost of the distribution itself," Conway told Travel Weekly in July.

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