11.11.2021 - 00:55 UTC
Current Aviation is to raise USD40 million to exploit a regional market gap in the United States by launching point-to-point airline services between underserved cities, using other – as yet unnamed - independent carriers as flight operating partners.
Led by a team of experienced airline, hospitality, and travel technology industry executives, the Dallas-based company in a statement said it had contracted global investment bank DelMorgan & Co. as strategic advisor for its capital raise.
A virtual carrier, the start-up plans to debut within months but will not acquire aircraft or facilities. Instead, its operations will be outsourced to third party carriers which will fly their own aircraft with their own employees, but under the Current Aviation brand. Sources in the know said this may ultimately involve ExpressJet Airlines (EV, Atlanta Hartsfield Jackson) and/or other US regional carriers. ExpressJet Airlines declined to comment when contacted by ch-aviation.
Current Aviation’s role will be to handle all commercial and customer-facing functions including determining the route network, setting competitive fares, scheduling, marketing, distribution, and e-commerce.
Direct flights...
20.10.2021 - 03:56 UTC
United Airlines (UA, Chicago O'Hare) is prepared to sell its 49.9% stake in ExpressJet Airlines (EV, Atlanta Hartsfield Jackson), formerly its regional capacity provider but now a wholly independent regional carrier planning operations under its own aha! brand, Chief Executive Scott Kirby told The Points Guy.
"If anybody wants it, they should give us a call," he said.
United Airlines acquired ExpressJet Airlines in 2018 from SkyWest Airlines (OO, Salt Lake City) through a firm named Mana Air LLC, a 49.9/50.1 partnership with KAir Enterprises. At that time, the regional carrier operated E145s on behalf of United under the United Express brand. ExpressJet suspended all operations in September 2020 after the mainline carrier decided to consolidate all E145 operations at CommutAir (C5, Cleveland Hopkins). However, ExpressJet did not go out of business but rather recertified as an independent scheduled operator. It plans to launch its first regional routes out of Reno/Tahoe on October 24, 2021, flying to underserved second- and third-tier airports in the western...
06.09.2021 - 17:47 UTC
Air Wisconsin (ZW, Appleton) has entered the dedicated freighter market with the addition of its first CRJ200ER(SF). The aircraft will enter into service later this year, before the December peak for cargo traffic, Cargo Facts has reported.
N679AC (msn 7417) is a 21.1-year-old aircraft formerly operated in passenger configuration by ASA - Atlantic Southeast Airlines, ExpressJet Airlines, and Al Haya Aviation. It was re-registered back in the United States in January 2021 and was parked at Tucson Int'l airport. In March, it was repositioned to Roswell airport, where it remains ahead of service entry. The ch-aviation fleets ownership module shows the aircraft is owned by Regional One and will thus become Air Wisconsin's first dry-leased unit.
The regional carrier currently operates sixty-four owned CRJ200s under a Capacity Purchase Agreement with United Airlines, the ch-aviation fleets advanced module shows. It said that while it carries a small amount of cargo onboard these aircraft, the current market environment is favourable for growth into the dedicated freighter...
