Lake Central Airlines
Lake Central Airlines was an airline that served points in the midwestern United States from 1950 to 1968, when it was merged into Allegheny Airlines. Founded as Roscoe Turner Airlines, the company was based at Weir-Cook Airport (now Indianapolis International Airport) in Indianapolis, IN. It serviced communities principally in Michigan, Indiana, Ohio, West Virginia and Maryland. It flew Douglas DC-3, Convair 340, Convair 580, Beechcraft V35 Bonanza, and Nord 262 aircraft.
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 employes (65% of the total) bought 97-1/2 percent of the outstanding stock, 25% outright and the rest financed over 24 months.
[edit] 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]
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