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MAIR Holdings
MAIR Holdings, Inc. ( NASDAQ: MAIR) was an airline holding company. Later in its life its headquarters were in Fifth Street Towers II in Downtown Minneapolis, Minnesota. At an earlier time its headquarters were on the property of Minneapolis-St. Paul International Airport and in Fort Snelling, an unincorporated area in Hennepin County. It was established in 1993 as AirTran Corporation and was later renamed to Mesaba Holdings, Inc. The holding company served as the holding company for Mesaba Aviation, Inc., which operated Mesaba Airlines. In 2002, MAIR also acquired Big Sky Transportation, Co., operator of Big Sky Airlines. Mesaba Airlines, which operated as a Northwest Airlink regional airline, filed for Chapter 11 bankruptcy on October 13, 2005, a result of downsizing occasioned by the earlier bankruptcy of Northwest Airlines. As part of the reorganization of both carriers, Northwest acquired Mesaba on April 24, 2007. This left Big Sky as MAIR's only remaining airline. Foll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fifth Street Towers Minneapolis 1
Fifth is the ordinal form of the number five. Fifth or The Fifth may refer to: * Fifth Amendment to the United States Constitution, as in the expression "pleading the Fifth" * Fifth column, a political term * Fifth disease, a contagious rash that spreads in school-aged children * Fifth force, a proposed force of nature in addition to the four known fundamental forces * Fifth (Stargate), a robotic character in the television series ''Stargate SG-1'' * Fifth (unit), a unit of volume used for distilled beverages in the U.S. * Fifth-generation programming language * The fifth in a series, or four after the first: see ordinal numbers * 1st Battalion, 5th Marines * The Fraction 1/5 * The royal fifth (Spanish and Portuguese), an old royal tax of 20% Music * A musical interval (music); specifically, a ** perfect fifth ** diminished fifth ** augmented fifth * Quintal harmony, in which chords concatenate fifth intervals (rather than the third intervals of tertian harmony) * Fifth (c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mesaba Airlines
Mesaba Aviation, Inc. (operating as Mesaba Airlines) was an American regional airline based in Eagan, Minnesota From 2010 to 2012 the airline was a wholly owned subsidiary of Pinnacle Airlines Corporation with code sharing flights operated as Delta Connection for Delta Air Lines and US Airways Express for US Airways. Previously, the airline operated code sharing service as Northwest Airlink and Northwest Jetlink on behalf of Northwest Airlines which subsequently merged with Delta. Mesaba also previously operated connecting flight services in association with Republic Airlines before this air carrier was subsequently merged into Northwest. Mesaba Airlines effectively ceased operations on January 4, 2012, when all aircraft and personnel were transitioned to the Pinnacle Airlines operating certificate. Mesaba's operating certificate was surrendered on July 31, 2012. History Mesaba (from the Ojibwe language, ''misaabe'': "Soaring Eagle") was founded in 1944 by Gordy Newstrom in the Me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Airline Association Members
In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and the environment (environmental geography). Geographic regions and sub-regions are mostly described by their imprecisely defined, and sometimes transitory boundaries, except in human geography, where jurisdiction areas such as national borders are defined in law. Apart from the global continental regions, there are also hydrospheric and atmospheric regions that cover the oceans, and discrete climates above the land and water masses of the planet. The land and water global regions are divided into subregions geographically bounded by large geological features that influence large-scale ecologies, such as plains and features. As a way of describing spatial areas, the concept of regions is important and widely used among the many branches of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airline Holding Companies Of The United States
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidating Distribution
A liquidating distribution (or liquidating dividend) is a type of nondividend distribution made by a corporation or a partnership to its shareholders during its partial or complete liquidation. Liquidating distributions are not paid solely out of the profits of the corporation. Instead, the entire amount of shareholders' equity is distributed. When a company has more liabilities than assets, equity is negative and no liquidating distribution is made at all. This is usually the case in bankruptcy liquidations. Creditors are always senior to shareholders in receiving the corporation's assets upon winding up. However, in case all debts to creditors have been fully satisfied, there is a surplus left to divide among equity-holders. This mainly occurs during voluntary liquidations of solvent corporations. Cases A dividend may be referred to as liquidating dividend when a company: # Goes out of business and the net assets of the company (after all liabilities have been paid) are distribute ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwest Airlines
Northwest Airlines Corp. (NWA) was a major American airline founded in 1926 and absorbed into Delta Air Lines, Inc. by a merger. The merger, approved on October 29, 2008, made Delta the largest airline in the world until the American Airlines-US Airways merger on December 9, 2013. Northwest continued to operate under its own name and brand until the integration of the carriers was completed on January 31, 2010. Northwest was headquartered in Eagan, Minnesota near Minneapolis-St. Paul International Airport. After World War II it became dominant in the trans-Pacific market with a hub in Tokyo, Japan (initially Haneda Airport, later Narita International Airport). In response to United Airlines's 1985 acquisition of Pan Ams' Pacific routes, Northwest paid $884 million to purchase Republic Airlines and then established fortress hubs at Detroit Metropolitan Wayne County Airport and Memphis International Airport. With this merger, NWA established the domestic network necessary to f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Airline
A regional airline is a general classification of airline which typically operates scheduled passenger air service, using regional aircraft, between communities lacking sufficient demand or infrastructure to attract mainline flights. In North America, most regional airlines are classified as "fee-for-departure" carriers, operating their revenue flights as codeshare services contracted by one or more major airline partners. A number of regional airlines, particularly in during the 1960s and 1970s, were also known as commuter airlines and classified as such in the Official Airline Guide (OAG). History Background Decades before the advent of jet airliners and high-speed, long-range air service, commercial aviation was structured similarly to rail transport networks. In this era, technological limitations on air navigation and propeller-driven aircraft performance imposed strict constraints on the potential length of each flight; some routes covered less than . As such, ai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwest Airlink
Northwest Airlink was the brand name of Northwest Airlines' regional airline service, which flew turboprop and regional jet aircraft from Northwest's domestic hubs in Minneapolis, Detroit, and Memphis. Service was primarily to small-to-medium-sized cities and towns where larger aircraft might not be economical to operate and also to larger markets to either provide additional capacity or more frequent flights than could be justified using mainline aircraft. Beginning in July 2009, the Northwest Airlink trade name was phased out, and replaced by the Delta Connection trade name for Delta Air Lines as part of the Delta/Northwest merger. History Northwest Airlink was formed in December 1984 when Northwest Airlines took steps to enhance its domestic services by entering a marketing agreement with Mesaba Airlines. Mesaba was the dominant airline serving Minneapolis/St Paul at the time. Under the agreement, Mesaba would operate as Northwest Orient Airlink. Mesaba initially operated co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Sky Airlines
Big Sky Airlines was an American commuter air carrier that operated from 1978 to 2008. Headquartered in Billings, Montana, United States. Big Sky was wholly owned by Big Sky Transportation Company, which in turn was a wholly owned subsidiary of MAIR Holdings. Big Sky operated scheduled commuter passenger services to ten cities and maintained a hub at Billings Logan International Airport in Billings, Montana, from which the airline flew more of its nonstop routes than it did from any other airport. The airline was a crucial air link within the state of Montana, serving as the primary (and in some cases, only) commercial air carrier to several small airports in the state. The airline also began and ended service to a number of other locations over the years, often operating as a contract carrier under the federal government's Essential Air Service (EAS) program. History The airline was established in 1978 and started operations on September 15, 1978, initially operating to a number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hennepin County, Minnesota
Hennepin County ( ) is a county in the U.S. state of Minnesota. Its county seat is Minneapolis, the state's most populous city. The county is named in honor of the 17th-century explorer Father Louis Hennepin. The county extends from Minneapolis to the suburbs and outlying cities in the western part of the county. The county’s natural areas are covered with extensive woods, hills, and lakes. As of the 2020 census, the population was 1,281,565. It is the most populous county in Minnesota, and the 34th-most populous county in the United States; more than one in five Minnesotans live in Hennepin County. Hennepin County is included in the Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area. History The Territorial Legislature of Minnesota established Hennepin County on March 6, 1852, and two years later Minneapolis was named the county seat. Father Louis Hennepin's name was chosen because he originally named Saint Anthony Falls and recorded some of the earliest ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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