Home Must Reads Evergreen International Airlines flies last flight

Evergreen International Airlines flies last flight

| Print |  Email
Must Reads
Wednesday, December 04, 2013

Evergreen International Airlines flew its final military flight Friday and all remaining aircraft are now parked.

Closure of the company -- originally scheduled for last Saturday, but denied as false rumor by founder Delford Smith – would end a storied, three-decade history for the airline whose baggage includes close ties with the CIA. Evergreen once operated a global fleet of Boeing 747 cargo jets, running round-the-world flights and keeping a plane on standby for secret U.S. military missions.

Several Evergreen companies founded and owned by Smith have been major Yamhill County employers, as have the 83-year-old’s nonprofits, which include a water park and an air-and-space museum. Managers say the attractions will remain open. But the Oregon Department of Justice is investigating them for alleged commingling of funds between Evergreen’s profit and nonprofit arms, and Smith may have put up some of the planes in the museum as collateral being claimed by creditors.

Read more at OregonLive.com.

 

More Articles

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Two Sides of the Coin

Contributed Blogs
Wednesday, October 22, 2014
22 twosidesBY JASON NORRIS

Historically, when the leaves fall, so do the markets. This year, earnings, Europe, energy and Ebola have in common? Beyond alliteration, they are four factors that the investors are pointing to for this year’s seasonal volatility.


Read more...

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

Fly Zone

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS