IN RE WESTERN PACIFIC AIRLINES, INC.

Bankruptcy No. 97-24701-SBB.

219 B.R. 298 (1998)

In re WESTERN PACIFIC AIRLINES, INC., EIN 86-0758778, Debtor.

United States Bankruptcy Court, D. Colorado.

March 5, 1998.


Attorney(s) appearing for the Case

Christian Onsager, Michael Pankow, Denver, CO, for Western Pacific Airlines, Inc.

Leo Weiss, Denver, CO, for United States Trustee.

James Markus, Block, Markus and Williams, L.L.C., Denver, CO, for Official Committee of Unsecured Creditors.

Dennis M. O'Dea, New York City, for BF Goodrich Aerospace.

Craig Christensen, Denver, CO, for Hunt Petroleum/GFI Company.

David Brennan, Steve Shimshak, Denver, CO, for Smith Management.

Douglas Jessop, Denver, CO, for City and County of Denver.

Van Aaron Hughes, Tucker Troutman, Denver, CO, for GATX Capital Corporation and B & A Leasing Corporation.

Dennis Olson, Dallas, TX, for AirCorp, Inc.

Frances Cetrulo, Denver, CO, for Sunrock Aircraft Corp. Ltd.

Peter Forbes, Denver, CO, for General Electric Capital Corpoation.

Dan Warden, Susan Freeman, Denver, CO, for Boullion Aviation.

Eugene Kottenstette, Denver, CO, for Denver Manager of Revenue.

Paul Rubner, Denver, CO, for CCA Financial, Inc., KG Aircraft Leasing Co. Ltd., and Mercury Air Group, Inc.

Glenn Merrick, Brega & Winters, Denver, CO, for Sabre Group, Inc.

William Rochell, Fulbright & Jaworski L.L.P., New York City, for ORIX Aviation Systems Limited.

Duncan Barber, Denver, CO, for Babcock & Brown.

Alan Ziegler, Colorado Springs, CO, for City of Colorado Springs.

Steve Abelman, Berryhill, Cage & North, P.C., Denver, CO, for First Security Bank of Utah.

Bonnie Bell, Denver, CO, for Mountain Air Express, Inc.


MEMORANDUM OPINION AND ORDER

SIDNEY B. BROOKS, Bankruptcy Judge.

THIS MATTER came before the Court for hearing on February 9, 1998, regarding various Lessors'1 requests for relief under 11 U.S.C. § 1110. The parties mutually sought a declaratory judgment2 as to their rights pursuant to Section 1110(a) and the Court considered (a) General Electric Capital Corporation's Statement of Position with...

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