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USAirways
US Airways (formerly USAir) was a major United States airline that operated from 1937 until its merger with American Airlines in 2015. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. A decade later it had acquired Piedmont Airlines and Pacific Southwest Airlines (PSA), and was one of the U.S.'s seven transcontinental legacy carriers. In 1997, it rebranded as US Airways. The airline had an extensive international and domestic network, with 193 destinations in 24 countries in North America, South America, Europe, and the Middle East. The airline was a member of the Star Alliance, before becoming an affiliate member of Oneworld in March 2014. US Airways had 343 mainline jets, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Airlines
American Airlines is a major airlines of the United States, major US-based airline headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex. It is the Largest airlines in the world, largest airline in the world when measured by fleet size, scheduled passengers carried, and revenue passenger mile. American, together with its regional partners and affiliates, operates an extensive international and domestic network with almost 6,800 flights per day to nearly 350 destinations in more than 50 countries. American Airlines is a founding member of the Oneworld alliance, the third-largest airline alliance in the world. Regional service is operated by independent and subsidiary carriers under the brand name American Eagle (airline brand), American Eagle. American Airlines and American Eagle operate out of 10 hubs, with Dallas Fort Worth International Airport, Dallas/Fort Worth (DFW) being its largest. The airline handles more than 200 million passengers annually with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Airways Group
US Airways Group Inc. was an airline holding company based in Tempe, Arizona. US Airways Group operated US Airways, along with its subsidiaries PSA Airlines, Inc. and Piedmont Airlines, Inc., which are wholly owned but marketed under the branding of US Airways Express. It merged with America West Holdings Corporation, parent of America West Airlines, in 2005, and the combined company adopted the better-known US Airways name; the two airlines' operating certificates merged in 2007. It also operates additional companies that provide associated services. ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. The route network covered destinations in 47 states, as well as international destinations. The company merged with AMR Corporation; the combined business began trading under the new name of American Airlines Group on December 9, 2013. The combined airlines formed the largest airline in the world. US Airways' CEO ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
All American Aviation
All American Aviation was an airline company founded by Lytle Schooler Adams in 1937. It evolved over the decades to become Allegheny Airlines, then USAir and subsequently US Airways, with the latter's merger with American Airlines in 2013 creating the World's largest airlines, largest airline in the world. History All American Aviation was founded in 1937 as a patent holding company. Its sister company, Tri-State Aviation, was founded on the same date, serving as the physical operating company. Founder Lytle Schooler Adams was the first president of both companies. Adams had started experimenting with an airmail pick-up system in 1927, developing numerous patents on the system, which he rolled into All American Aviation in 1937. Initial flights of the airline pick-up service were made by a Stinson Reliant single engine high-wing monoplane. Mail containers were suspended from ropes or cables suspended from two poles. The aircraft swooped down with a suspended hook hanging bel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Merger
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
America West Airlines
America West Airlines was a major American airline, founded in 1981, with service commencing in 1983, and having reached US$1 billion in annual revenue in 1989, headquartered in Tempe, Arizona. At the time of its acquisition of US Airways, America West had the unique distinction of being the only post-deregulation U.S. airline still operating under its original operating certificate. Their main hub was at Phoenix Sky Harbor International Airport, with a secondary hub at Harry Reid International Airport in Las Vegas. The airline acquired US Airways in 2005 but took on the name of US Airways. America West served about 100 cities in the US, Canada, and Mexico; flights to Europe were on codeshare partners. In September 2005, the airline had 140 aircraft, with a single maintenance base at Phoenix Sky Harbor Airport. Regional jet and turboprop flights were operated on a code sharing basis by Mesa Airlines and Chautauqua Airlines as America West Express. Beginning in January 2006, all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11 Bankruptcy
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 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Code Sharing
In communications and information processing, code is a system of rules to convert information—such as a letter, word, sound, image, or gesture—into another form, sometimes shortened or secret, for communication through a communication channel or storage in a storage medium. An early example is an invention of language, which enabled a person, through speech, to communicate what they thought, saw, heard, or felt to others. But speech limits the range of communication to the distance a voice can carry and limits the audience to those present when the speech is uttered. The invention of writing, which converted spoken language into visual symbols, extended the range of communication across space and time. The process of encoding converts information from a source into symbols for communication or storage. Decoding is the reverse process, converting code symbols back into a form that the recipient understands, such as English or/and Spanish. One reason for coding is to en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Jet
A regional jet (RJ) is a jet-powered regional airliner with fewer than 100 seats. The first one was the Sud-Aviation Caravelle in 1959, followed by the widespread Yakovlev Yak-40, Fokker F-28, and BAe 146. The 1990s saw the emergence of the most widespread Canadair Regional Jet and its Embraer Regional Jet counterpart, then the larger Embraer E-Jet and multiple competing projects. In the US, they are limited in size by scope clauses. The market was consolidated as Bombardier Aviation sold its airliner programs between 2017 and 2019, leaving Embraer as the sole large independent regional jet manufacturer, while emerging players try to push competitors: the Mitsubishi SpaceJet, Sukhoi Superjet 100, Comac ARJ21, and Antonov An-148. Definition ''Regional Jet'' is a term in industry jargon and not a regulatory category. Embry–Riddle Aeronautical University defines the regional jet as up to 100 seats in capacity. This is also the limit capacity for two flight attendants. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mainline (flight)
A mainline flight is a flight operated by an airline's main operating unit, rather than by regional alliances, regional code-shares, regional subsidiaries, or wholly owned subsidiaries offering low-cost operations. Mainline carriers typically operate between hub airports within their network and on international or long-haul services, using narrow-body and wide-body aircraft. This is in contrast to regional airlines, providing feeder services to hub airports operating smaller turboprop or regional jet aircraft, or low-cost carrier subsidiaries serving leisure markets. In the United States, examples of mainline passenger airline flights include those operated by American Airlines, Delta Air Lines, and United Airlines; but not flights operated by regional airlines Envoy Air, Mesa Airlines, Executive Airlines, Piedmont Airlines, or PSA Airlines with regional jets or the services of regional airline marketing brands such as American Eagle, Delta Connection, or United Express abo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legacy Carriers
A legacy carrier, in the United States, is an airline that had established interstate routes before the beginning of the route liberalization permitted by the Airline Deregulation Act of 1978 and so was directly affected by that Act. Legacy carriers are distinct from low-cost carriers, which, in the United States, are generally new airlines and were started to compete in the newly deregulated industry. Background A typical characteristic of legacy carriers is that they usually provide higher quality services than a low-cost carrier; for example, a legacy carrier typically offers first class and business class seating, a frequent-flyer program, and exclusive airport lounges. Many legacy carriers are also members of an airline alliance through which they agree to provide those services to each other's passengers. Also, legacy carriers generally have better cabin services, such as meal service and in-flight entertainment. The term 'legacy carrier' has generally not been used out ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Southwest Airlines
Pacific Southwest Airlines (PSA) was a regional U.S. airline headquartered in San Diego, California, that operated from 1949 to 1998. It was the first large discount airline in the United States. PSA called itself "The World's Friendliest Airline" and painted a smile on the nose of its airplanes, the ''PSA Grinningbirds''. Opinion L.A. of the ''Los Angeles Times'' called PSA "practically the unofficial flag carrier airline of California for almost forty years." The airline initially operated as an intrastate airline wholly within the state of California. This strategy which avoided the steep costs from federal regulation would later serve as the model for Southwest Airlines, doing in Texas what PSA had done in California. After the Airline Deregulation Act of 1978, PSA expanded to cities in other western states, and eventually to several cities in Mexico. PSA was purchased by USAir (later renamed US Airways) in 1986 and was fully merged into the airline on April 9, 1988. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piedmont Airlines (1948–1989)
Piedmont Airlines was a United States airline from 1948 to 1989, when it was acquired by and merged into USAir. Its headquarters were at One Piedmont Plaza in Winston-Salem, North Carolina, a building that is now part of Wake Forest University."World Airline Directory." ''Flight International''. April 1, 1989113 In April 1989, shortly before it merged into USAir, Piedmont had 22,000 employees. In September 1988 it flew to 95 airports from hubs in the eastern United States; its commuter and regional affiliates flew turboprop aircraft via code sharing agreements to 39 more airports. History The company that would become Piedmont Airlines was founded by Thomas Henry Davis (March 15, 1918 – April 22, 1999) in Winston-Salem, North Carolina in 1940, when Davis purchased Camel City Flying Service and changed the name to Piedmont Aviation. Piedmont originally operated as an airplane repair service and a training school for pilots in the War Department Civilian Pilot Training Program ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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