NEW EASTERN AIRLINES STARTS MIAMI
 

Intellectual Property?
 

This type of thing has been tried in the US many times before. Pan Am came back more than once, and actually used Carnival Airlines. The intellectual property didn't seem to be anything much further than the name.

Who knows though. With the right intellectual property this new Eastern may become something, but who knows what?

This will be interesting. It may turn out to be another case of someone wanting to make a million dollars in aviation by starting with twenty million. ;)

Has happened before.
 

Starting with $20 million and ending with $10 million is about what has happened almost every time someone tries to start a rebirth of a dead airline. They don't seem to last long at all.

It would depend on the amount of investment and where it came from though. There have been airlines that started up and went far, but there is not any indication that this new Eastern is anything other than a dream.