LandAmerica jet goes to auction

After flying high on the mortgage boom, LandAmerica took a nosedive when the title company filed for bankruptcy last year.

With the company grounded, it apparently no longer has a need for the corporate jet, a 1999 Hawker Beechcraft 400A.

The jet, owned by LandAmerica subsidiary Beech Fly LLC, will be auctioned by Martin Air via conference call May 6. The opening bid is $850,000, and bidders must submit a refundable deposit of $100,000 by May 5.

The aircraft has logged less than 3,600 hours of flying time.

BizSense took a tour of MartinAir in a recent Office Sense video.

After flying high on the mortgage boom, LandAmerica took a nosedive when the title company filed for bankruptcy last year.

With the company grounded, it apparently no longer has a need for the corporate jet, a 1999 Hawker Beechcraft 400A.

The jet, owned by LandAmerica subsidiary Beech Fly LLC, will be auctioned by Martin Air via conference call May 6. The opening bid is $850,000, and bidders must submit a refundable deposit of $100,000 by May 5.

The aircraft has logged less than 3,600 hours of flying time.

BizSense took a tour of MartinAir in a recent Office Sense video.

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Bill
Bill
13 years ago

I think the first jet in the office sense video is the Jet mentioned in the article…

trackback
Pink Bunny Ears»Blog Archive » Will you set me free so I can fly away?
13 years ago

[…] my inbox is like Christmas.  LandAmerica is auctioning off their corporate jet.  That sound you hear is the tiniest violin in the world playing a sad song.  So long NASCAR […]

John Perdue
John Perdue
13 years ago

Put ALL those big dollar executives on it and just enough gas to get it to 10,000 feet because that is about all they deserve Greedy S.O.B.s