Page "North American Airlines" Paragraph 25
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Announced on February 19, 2008, North American Airlines planned on discontinuing all scheduled service in May 2008 in favor of concentrating on charter operations.
According to a news release on northamericanair. com, " What makes NAA's scheduled service operations untenable is the rising cost of fuel, with jet fuel costs increasing 60 percent since 2005.
This was a difficult decision, especially in light of the continuing support we have received from the governments and the traveling public in these markets.
NAA's modern Boeing 757 / 767 fleet is in high demand and NAA will redeploy these aircraft profitably in the charter market ".
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