Lake Central Airlines
Lake Central Airlines served points in the midwestern United States from 1950 to 1968 when it merged into Allegheny Airlines.
| Lake Central Airlines | |
|---|---|
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| The first Nord 262 for Lake Central was delivered in August 1965 | |
History
The airline was founded as Roscoe Turner Airlines; it was based at Weir-Cook Airport (now Indianapolis International Airport) in Indianapolis, IN. Lake Central's network in the 1950s extended from Chicago to Pittsburgh; in August 1953 it scheduled flights to 21 airports and in May 1968 to 39. It used the Douglas DC-3, Convair 340, Convair 580, Beechcraft Bonanza and the Nord 262.
Company ownership
Aviation Week 21 Feb 1955 p111: "Lake Central Airlines this month became the first employe-owned scheduled airline in the history of the air transport industry." 162 employees (65% of the total) bought 97-1/2 percent of the outstanding stock, 25% outright and the rest financed over 24 months.
Incidents and accidents
On March 5, 1967, Lake Central Flight 527, a Convair 580, crashed near Marseilles, Ohio, with the loss of all 38 passengers and crew.[1]