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Saipan Air's Inaugural launch will not take place on July 1st and is for now, postponed indefinitely

Direct News Source

26-Jun-2012 Dear friends, We regret to inform you that Saipan Air's Inaugural launch will not take place on July 1st and is for now, postponed indefinitely. Our supposed partner on this endeavor, Swift Air, LLC has defaulted on their contract and was unable to deliver our aircraft.

Our top management has decided to take legal action on this matter.

This was a very difficult decision for our top management to make, but in light of the situation, we had little option. All this happened within a few days of our launch schedule and at this point it is too close for us to engage a new partner and secure new government licenses and permits to fly into Japan and China.

This is heart-breaking for all of us, especially for those who see Saipan Air as a hopeful promise of economic growth and stability for the CNMI. We have spent many months in preparation and millions in investments to get Saipan air ready for take-off, but as we have learned now, when you depend on another as a partner and they do not share the same level of commitment as you, then your plans are at great risk.

We wish to apologize to our friends here on cyberspace who have for months now, been very supportive and encouraging. We are grateful to all of you out there.

We will soon provide a link to the official statement of the company.

Moving forward, we hope to be able to address all the issues promptly. We will advise everyone through formal and informal channels once final decisions have been made.

Again, our sincerest apologies.