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SkyWest, Inc.
SkyWest, Inc. () is the holding company for SkyWest Airlines, a North American regional airline, and an aircraft leasing company and is headquartered in St. George, Utah, United States. History Until 2005, SkyWest, Inc. was the holding company of SkyWest Airlines, its sole subsidiary at the time. This changed on August 15, 2005, when SkyWest, Inc. agreed to acquire Atlantic Southeast Airlines (ASA) from Delta amidst Delta's bankruptcy proceedings for $425 million. The bankruptcy judge approved the all-cash transaction, which helped Delta improve its liquidity; the deal closed on September 8, 2005. SkyWest Airlines and ASA have maintained separate hub feeder operations at their respective hubs. The FAA classifies SkyWest, Inc. as a major airline carrier with operating revenues of USD 3.5 billion. On August 4, 2010, the parent company, SkyWest, Inc., announced that its subsidiary ASA would acquire ExpressJet Airlines, whose feeder network is built up in the East Coast, th ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Major Carrier
The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year, grouped accordingly as "Group III". Airlines According to FY2020 revenues, there were 18 major carriers who meet the requirement for Group III status. Mainline passenger *Alaska Airlines *Allegiant Air *American Airlines* *Delta Air Lines* *Frontier Airlines *Hawaiian Airlines *JetBlue *Southwest Airlines* *Spirit Airlines *United Airlines* (*) - considered as one of the "Big 4" major U.S. national airlines Regional passenger * Envoy Air (subsidiary of American Airlines Group) * Republic Airways *SkyWest Airlines Freight *Atlas Air *FedEx Express *Kalitta Air *Polar Air Cargo (subsidiary of Atlas Air Worldwide Holdings) *UPS Airlines See also *Largest airlines in the world *List of largest airlines in North America *List of airlines of the United States *Legacy carrier A legacy carrier, in ...
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Companies Based In Utah
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Aircraft Leasing Companies
An aircraft is a vehicle that is able to fly by gaining support from the air. It counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines. Common examples of aircraft include airplanes, helicopters, airships (including blimps), gliders, paramotors, and hot air balloons. The human activity that surrounds aircraft is called ''aviation''. The science of aviation, including designing and building aircraft, is called ''aeronautics.'' Crewed aircraft are flown by an onboard pilot, but unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft may be classified by different criteria, such as lift type, aircraft propulsion, usage and others. History Flying model craft and stories of manned flight go back many centuries; however, the first manned ascent — and safe descent — in modern times took place by larger hot-air ...
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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 ...
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Embraer E-Jets
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-specifi ...
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Embraer
Embraer S.A. () is a Brazilian multinational aerospace manufacturer that produces commercial, military, executive and agricultural aircraft, and provides aeronautical services. It was founded in 1969 in São José dos Campos, São Paulo, where its headquarters are located. The company is the third largest producer of civil aircraft, after Boeing and Airbus. History Seeking to develop a domestic aircraft industry, the Brazilian government under Getúlio Vargas' Estado Novo made several investments in the aerospace industry during the 1940s and 1950s. However, it was not until 1969, following the rise to power of a military junta in the 1964 Brazilian coup d'état, that Empresa Brasileira de Aeronáutica (Embraer) was created as a government-owned corporation.. Its first president, Ozires Silva, was a government appointee, and the company initially only produced a turboprop passenger aircraft, the Embraer EMB 110 Bandeirante. Early growth The Brazilian government contributed to E ...
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Mitsubishi Regional Jet
The Mitsubishi SpaceJet (, originally named ''Mitsubishi Regional Jet'') is a regional jet developed by Japanese company Mitsubishi Aircraft Corporation (MAC), a Mitsubishi Heavy Industries (MHI) subsidiary. The airframe is made mainly in aluminium with a carbon fibre composites empennage. The low-wing twinjet is powered by underwing Pratt & Whitney PW1000Gs, and was the first program to select the geared turbofan. The M90 (originally named MRJ90) should seat 86 to 96, while the smaller MRJ70 was to accommodate 70 to 80 passengers. The MRJ70 was replaced by the SpaceJet M100, stretched by 1.1 m (3 ft 7 in) to better meet US scope clauses at 76 seats with premium seating. It is comparable with the Embraer E-Jet E2. MHI first announced the concept in June 2007, then targeting certification for 2012, as the first Japanese airliner since the 1962 NAMC YS-11. After a delayed development, the maiden flight of the MRJ90 took place on 11 November 2015. In June 2019, Mitsubishi rebranded ...
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Mitsubishi Aircraft Corporation
, abbreviated MITAC, is a Japanese company that develops, produces, sells and supports the Mitsubishi SpaceJet (formerly MRJ) passenger airliners. The manufacturing of the aircraft is carried out by parent company Mitsubishi Heavy Industries (MHI). Overview MITAC was established on 1 April 2008. MHI has a controlling 64% of the shares of the company, while Toyota Motor Corporation and Mitsubishi Corporation each owns 10% of the shares; other shareholders include Sumitomo Corporation and Mitsui & Co. MITAC is headquartered at Nagoya Airfield in Komaki in Aichi Prefecture, adjacent to the MRJ production facilities. It has branch offices in Nagoya and Tokyo, which are co-located with MHI offices. MITAC has overseas subsidiaries based in Amsterdam and in Renton, Washington. CEO Teruaki Kawai has indicated that the company will not produce aircraft larger than the MRJ, as MHI is a major supplier to Boeing (including manufacturing wings for the Boeing 787), and the group general ...
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ExpressJet Airlines
ExpressJet Airlines was a regional U.S. airline headquartered in College Park, Georgia. The company originally operated as a contracted codeshare partner, flying under the American Eagle, Delta Connection and United Express brands at various points in history. In September 2020, it exited the fee-for-departure airline market and temporarily ceased flights after the conclusion of its contract with its sole remaining mainline partner, United Airlines. In September 2021, ExpressJet resumed operations as both an air charter provider and a regional airline under its own brand aha!—short for "Air-Hotel-Adventure." The brand's route structure focused on the West Coast of the United States with a hub at Reno-Tahoe International Airport, and scheduled flights began on October 24, 2021. The airline, including its brand aha!, filed for bankruptcy on August 23, 2022, and ceased all operations. History Incorporation and acquisition The airline was established in 1986 and started ...
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Parent Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such as t ...
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Delta Air Lines
Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. One of the List of airlines by foundation date, world's oldest airlines in operation, Delta is headquartered in Atlanta, Georgia (U.S. state), Georgia. The airline, along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents. Delta is a founding member of the SkyTeam airline alliance. Delta has nine hubs, with Hartsfield–Jackson Atlanta International Airport, Atlanta being its largest in terms of total passengers and number of departures. It is ranked second among the world's largest airlines by number of scheduled passengers carried, revenue passenger-kilometers flown, and fleet size. It is ranked 69th on the Fortune 500. History Early history The history of Delta Air Lines begins with the world's first aerial crop dusting operatio ...
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