This weekend may provide little thanks but request a lot of giving on the part of Evergreen International Airlines, based in McMinnville. Long time owner and promoter Del Smith is reportedly facing an ocean of debt that bodes darkly for continued operations of the air service.
In addition, because of some IRS indications that there may not have been as good a financial firewall between the air carrier and the theme park across Highway 18 as there should have been, the Evergreen Waterpark, Air Museum and giant Imax Theater my close and be liquidated if Smith is forced into a full Chapter 7 bankruptcy – although company officials deny anything of the sort will happen.
The latest developments are found in the Oregonian. Click here.