California Pacific Airlines retains investment firm, plans return to skies

California Pacific Airlines founder Ted Vallas announced on February 26 plans for significant investment as part of restructuring to bring the airline back into service. Part of the current restructuring includes plans to purchase two refurbished ERJ-145s configured for 46 seats, which are expected to arrive in late March from the factory in Brazil. In addition, the company will lease another ERJ-145 as well as a single ERJ-135. Once service begins, California Pacific Airlines will re-establish… (www.thecoastnews.com) More...