Ryan International Airlines (Wichita Eisenhower) and its remaining assets will not be sold to PEOPLExpress (Newport News) after the US Department of Transportation (DoT) denied a waiver requested to allow the sale to proceed. Ryan Int'l ceased all charter operations and entered liquidation in January last year. While under Chapter 7, Ryan International had filed a notice with the DOT that it had reached an agreement with People Express Airlines for the purchase of Ryan's remaining assets for USD500'000. The assests included: All stock; the Company name "Ryan Air International Airlines"; Associated goodwill; the airline's FAA 121 air carrier certificate subject to requirements and restrictions of FAA; Leased space at 4949 Harrison Ave, Rockford Illinois; Transfer of rights to Ryan Intl's intellectual property, manuals and materials related to FAA 121 certificate; Intellectual rights to company software systems and all computer hardware and IT infrastructure in place at time of sale. However, in its ruling, the DoT determined that it has no evidence that during its bankruptcy Ryan Int'l maintained the necessary personnel, ownership, financial resources, or aircraft, to sustain its US Federal Aviation Administration (FAA) operating authority. Without such criteria being met, the DoT noted, Ryan had lapsed into dormancy. Moreover, the DoT found that simply purchasing Ryan Int'l's assets would not allow for the imminent resumption of its operations without a full departmental review to determine the carrier's fitness; a process which is largely similar to that involving a new applicant. As previously reported, PEOPLExpress had planned to resume operations using XTRA Airways (Fort Lauderdale International). However, it has now emerged that this deal also did not go through.