Stars & Stripes sightseeing files Chapter 11
Stars & Stripes Air Tours, which launched sightseeing operations early last year out of Boulder City, Nev., filed for reorganization under Chapter 11 bankruptcy law on February 27. A company spokesman noted that tourism in the Las Vegas area, from where many of its clients are drawn, is down anywhere from 25 to 35 percent, “depending on who you listen to.”
But he added, “The filing by Stars & Stripes is one of protection, not abandonment. It allows us to continue operations reliably and safely.” The operational fleet consists of seven aircraft in a mixed fleet of helicopters and airplanes. Three other aircraft were hangared “in response to the economic slowdown in Las Vegas.”
Stars & Stripes Air Tours is owned by the Trenk family– father Al and son Steve–of New Jersey. The family also owns and operates Liberty Helicopter Tours out of its West Side Heliport in New York City.