ATLANTA, Nov. 15, 2019 /PRNewswire/ — ExpressJet Airlines, a United Express carrier, began assigning pilots to its Embraer E175 aircraft base of operations at Chicago O’Hare International Airport, in advance of a January 1, 2020 open.
(PRNewsfoto/ExpressJet Airlines)
“Chicago’s size and central location makes it a highly desirable location for commuter pilots and locals alike,” said Scott Hall, Vice President of Flight Operations. “Opening the E175 crew base in Chicago is a natural outcome of ExpressJet’s growth trajectory.”
The E175 base will be in addition to ExpressJet’s existing ERJ145 pilot, flight attendant, and maintenance bases in Chicago. This is ExpressJet’s second E175 base, after the first base opened at Houston’s George Bush Intercontinental Airport.
About ExpressJet Airlines ExpressJet Airlines operates as United Express, on behalf of United Airlines (UAL), to serve more than 100 airports across the United States, Canada and Mexico, with over 3,300 weekly flights from bases in Chicago, Cleveland, Houstonand Newark. ExpressJet’s fleet includes more than 100 aircraft, including the Embraer ERJ145 and 25 new Embraer E175 aircraft. ExpressJet pilots enjoy top-tier pay and quality of life and can choose the Aviate career path to United Airlines. ExpressJet is a subsidiary of ManaAir, LLC. ManaAir is majority-owned by KAir Enterprises and minority-owned by United Airlines. For further information, contact 404-856-1199, corpcomm@expressjet.com.
ATLANTA, June 13, 2019 /PRNewswire/ — ExpressJet Airlines, a United Express carrier, today began service with its newest aircraft type – the Embraer E175. The first flight, UA4042 departed Houston’s George Bush Intercontinental Airport for Hartsfield-Jackson Atlanta International Airport.
“For ExpressJet and its 3,000 aviation professionals, the Embraer E175 is more than a new, high-tech aircraft,” said Chairman and CEO Subodh Karnik. “It is a symbol of ExpressJet’s future as a growing and trusted United Express partner.”
ExpressJet is adding 25 new E175s to its fleet in 2019. To date, the airline has taken delivery of four E175’s, and will continue adding new aircraft throughout the year. Additionally, ExpressJet recently expanded its crew training capabilities with the addition of an E175 full-motion flight simulator and a cabin door trainer at its Houston Training Complex.
To support its rapid growth, ExpressJet has hired more than 350 new pilots since the start of the year and will double that number by year end. Pilots who sign on with ExpressJet can expect a quick selection process, an immediate class date, and to bid for flying within three months. Pilots interested in signing on with ExpressJet should apply at expressjet.com/pilots or on airlineapps.com.
About ExpressJet Airlines ExpressJet Airlines operates as United Express, on behalf of United Airlines (UAL), to serve more than 100 airports across the United States, Canada and Mexico, with over 3,300 weekly flights from bases in Chicago, Cleveland, Houston and Newark. ExpressJet’s fleet includes more than 110 Embraer E175, Embraer ERJ145 and Bombardier CRJ200 aircraft, with 25 new Embraer E175s being added in 2019. ExpressJet pilots enjoy top-tier pay and quality of life and a career path to United Airlines. ExpressJet is a subsidiary of ManaAir, LLC. ManaAir is majority-owned by KAir Enterprises and minority-owned by United Airlines. For further information, contact 404-856-1199, corpcomm@expressjet.com.
ST. GEORGE, UTAH, December 18, 2018 – SkyWest, Inc. (NASDAQ: SKYW) today announced that it ishas entered into definitive agreements to sell ExpressJet Airlines, Inc. (“ExpressJet”) to United Airlines(“United”) joint venture ManaAir, LLC. The transaction is expected to close in early 2019, subject tocustomary closing conditions.
Consideration for the transaction includes approximately $70 million in cash for the majority of the assetsand the assumption of liabilities of ExpressJet, subject to a working capital adjustment. The ExpressJetassets excluded from the transaction will be utilized or liquidated by SkyWest. The expected realizablevalue to SkyWest of the remaining inventory is estimated to approximate the value of the working capitaladjustment. SkyWest will retain ownership of the CRJ aircraft currently in service at ExpressJet.
The transaction also includes certain protections around existing SkyWest Airlines flying, as well as priorityposition to add 25 new dual-cabin aircraft with United should those opportunities arise. As part of thetransaction, SkyWest has also agreed to lease 20 CRJ200s to ExpressJet for up to five years.
“Today’s announcement provides further clarity and focus for the future,” said Chip Childs, SkyWest, Inc.President and Chief Executive Officer. “We want to thank the employees of ExpressJet for their valuedcontributions and we look forward to continuing to strengthen our partnership with United.”
About SkyWest
Based in St. George, Utah, SkyWest, Inc. is the holding company for two scheduled passenger airlineoperations and an aircraft leasing company with more than 17,000 employees. SkyWest’s airlinecompanies provide commercial air service in cities throughout North America with more than 2,500 dailyflights carrying approximately 50 million passengers annually. SkyWest Airlines operates throughpartnerships with United Airlines (“United”), Delta Air Lines (“Delta”), American Airlines (“American”) andAlaska Airlines. ExpressJet Airlines operates through partnerships with United and American. This pressrelease and additional information regarding SkyWest can be accessed at inc.skywest.com.
Forward-Looking Statements
In addition to historical information, this release contains forward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995. Words such as “forecasts,” “expects,” “intends,” “believes,” “anticipates,”“estimates”, “should,” “likely” and similar expressions identify forward-looking statements. Such statements include, but arenot limited to, statements about the expected terms, timing and benefits related to the ExpressJet transaction, SkyWest’sfuture financial and operating results, plans, objectives, expectations, estimates, intentions and outlook, and otherstatements that are not historical facts. All forward-looking statements included in this release are made as of the datehereof and are based on information available to SkyWest as of such date. SkyWest assumes no obligation to update anyforward-looking statement. Readers should note that many factors could affect the future operating and financial results ofSkyWest, SkyWest Airlines or ExpressJet, and could cause actual results to vary materially from those expressed inforward-looking statements set forth in this release including the risk that the ExpressJet transaction may not close on theterms or timing described herein, or at all. Additional risk factors, cautionary statements and other conditions which couldcause SkyWest’s actual results to differ materially from management’s current expectations are contained in SkyWest’sfilings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and QuarterlyReports on Form 10-Q.
