Fri, Aug 11, 2017
Has Secured A Five-Year Extension Of Its Agreement With United Airlines
ExpressJet Airlines, a wholly-owned subsidiary of SkyWest, Inc.has announced the initiation of a clearly defined long-term strategy.
As part of this plan, ExpressJet has secured a new, five-year extension of its United Airlines ERJ145 contract, effective Jan. 1, 2018 through Dec. 31, 2022. The new agreement enhances ExpressJet's United partnership and provides long-term stability to its model. It also provides ExpressJet pilots with continued access to United's Career Pathway Program. Financial terms of the agreement were not disclosed.
Additionally, ExpressJet and Delta Air Lines mutually agreed to initiate the wind-down of its remaining dual-class flying agreement under the Delta Connection brand, allowing ExpressJet opportunities to place aircraft with other partners. The agreement, which includes 28 CRJ900s and 33 CRJ700s, was previously scheduled to expire beginning in 2019. The aircraft financed by Delta, including all CRJ900s, will be returned to Delta beginning in fourth quarter 2017; ExpressJet expects to transition other aircraft previously operated under its Delta agreement to other major partners throughout 2018.
As part of this realignment, ExpressJet has secured an agreement with American Airlines to transition eight additional CRJ700s to its American Eagle operation. That transition is expected to take place during second quarter 2018.
"Today's announcement provides structural strength, visibility and positive momentum to ExpressJet Airlines," said Chip Childs, Chief Executive Officer of SkyWest, Inc. "Our objective to provide a strong and successful foundation for the people of ExpressJet is central to our strategy. The execution of these new agreements is essential to finally getting ExpressJet to long-term success and profitability."
(Source: ExpressJet news release)
More News
Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]
Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]
From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]
Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]
Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]