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