In the market for an airplane? Great Lakes has 16 for sale

in Business/News/Travel

By Cowboy State Daily

Sixteen airplanes parked at the old Cheyenne Regional Airport are being stored for Great Lakes Airlines while the company tries to sell them.

Great Lakes stopped its flights in and out of Cheyenne in March of 2018 and is trying to wind down its business, said Nathan Banton, general manager of aviation for the Cheyenne Regional Airport.

The bank that holds the company’s loans is working with Great Lakes sell the airline’s assets, Banton said.

“As part of that process, they agreed to move out of the building they’ve been in for a lot of years …” he said. “In order to facilitate that happening, we allowed them to take over other space in order to store the aircraft and such while they work on selling it off.”

Great Lakes owes the airport back rent for space, Banton said, but he added the bank holding the notes for the company has been working with the airport.

“The bank has been working in good faith with us, so we’re working in good faith with them,” he said.

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