FLYi, Inc., previously known as Atlantic Coast Airlines Holdings, Inc., was a

Delaware Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Del ...

airline

holding 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 ...

based in the Dulles area of

unincorporated Unincorporated may refer to: * Unincorporated area, land not governed by a local municipality * Unincorporated entity, a type of organization * Unincorporated territories of the United States, territories under U.S. jurisdiction, to which Congress ...

Loudoun County, Virginia Loudoun County () is in the northern part of the Commonwealth of Virginia in the United States. In 2020, the census returned a population of 420,959, making it Virginia's third-most populous county. Loudoun County's seat is Leesburg. Loudoun C ...

.Independence Air, Inc.
''

Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

''. Retrieved on September 25, 2009. "45200 Business Court Dulles, VA 20166" Prior to filing for

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, whe ...

, the company operated

Independence Air Independence Air was a low-cost airline, owned by FLYi, Inc., headquartered in the Loudoun Gateway Corporate Center in Dulles, Virginia, United States (near Washington, D.C.) that operated from 1989 until 2006. Its route network focused on the e ...

History

Atlantic Coast Airlines Holdings, Inc. was a

commuter 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 ...

formed in 1989.

Atlantic Coast Airlines Atlantic Coast Airlines (ACA) was an airline based in the United States owned by Atlantic Coast Holdings, Inc. It operated as United Express for United Airlines and Delta Connection for Delta Air Lines. It was headquartered in the Dulles area o ...

operated as

United Express United Express is the brand name for the regional branch of United Airlines, under which six individually owned regional airlines operate short- and medium-haul feeder flights. On October 1, 2010, UAL Corporation and Continental Airlines merged t ...

and

Delta Connection Delta Connection is a regional airline brand name for Delta Air Lines, under which a number of individually owned regional airlines primarily operate short- and medium-haul routes. Mainline major air carriers often use regional airlines to ope ...

. Upon termination of their

codeshare A codeshare agreement, also known simply as codeshare, is a business arrangement, common in the aviation industry, in which two or more airlines publish and market the same flight under their own airline designator and flight number (the "airli ...

agreements, in 2004 the company changed its name to FLYi, Inc, representing the airline's new name, Independence Air. On November 7, 2005, FLYi, Inc. and its subsidiaries filed for

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, whe ...

protection in the US Bankruptcy Court for the District of Delaware
This press release
declares that they expected to attract new investors within sixty days of the filing. Due to Flyi not finding an investor as expected, Flyi ceased operations on January 5, 2006 at 7:00 p.m. UTC-5. The airline's operating certificate was purchased by

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 ...

and operated Compass Airlines. The company had traded on the Pink Sheets under the symbol FLYIQ, but the stock has since ceased trading there.

References

{{reflist

External links

FLYi Jobs
Companies based in Dulles, Virginia Airline holding companies of the United States 2004 establishments in Virginia 2006 disestablishments in Virginia American companies established in 2004 American companies disestablished in 2006 Holding companies established in 2004 Holding companies disestablished in 2006