The Nation - News from April 6, 1986

A U.S. bankruptcy judge in Tampa, Fla., gave People Express Airlines permission to lend Provincetown-Boston Airlines $1 million to keep PBA flying while People Express attempts to purchase the failing carrier. PBA needs the loan to set up routes to Philadelphia, Newark, N.J., and Allentown, Pa., that will feed into People Express routes, PBA lawyer Harley Riedel told U.S. Bankruptcy Judge Alexander L. Paskay. People Express, which proposed a takeover of the Naples, Fla.-based carrier in January, has lent PBA $2.6 million since Jan. 31.