Houston-based ExpressJet has named Thomas Hanley its new president and CEO. Hanley has replaced interim president and CEO Patrick Kelly, who has returned to his position on ExpressJet’s board of directors on May 1 after filling a vacancy left by long-time CEO James Ream. Ream resigned last December to accept a position with Dallas-based American Airlines.
Republic Airways Holdings
Embraer has signed a contract with Lot Polish Airlines to convert firm orders on four E175s to the same number of E195s. The contract calls for deliveries to begin next year, said Embraer.
Not one to shrink from any challenge, SkyWest president and COO Chip Childs accepted the position of RAA chairman in November knowing full well what likely confronted him.
Indianapolis-based Republic Airways has placed a firm order for 40 C Series airliners, Bombardier Aerospace announced today. The purchase contract, which also includes options for another 40 of the airplanes, calls for delivery of CS300s–the larger of the two-member family of 110- to 145-seat narrowbodies–starting in the second quarter of 2015.
ECC Leasing, a wholly owned subsidiary of Embraer, has leased four used ERJ135s to South African Airlink to replace some of the airline’s oldest Jetstream 41 turboprops in time for the 2010 FIFA World Cup soccer tournament.
The sudden collapse in August of fractional ownership startup Jet Republic probably convinced anyone in Europe who still failed to accept that business aviation’s bubble had burst.
Former employees of Jet Republic complain of being betrayed and misled in the sudden collapse of the European would-be fractional ownership company. Speaking to AIN on condition of anonymity, the staff has claimed that the company breached its contractual obligations by failing to give formal notification that they were being laid off, so preventing them from claiming unemployment benefits in their countries.
SkyWest Airlines’ decision to lend United Airlines $80 million in no way signals any particular interest on the part of the St. George, Utah-based regional to help finance the operations of its code-share partners, a point SkyWest executive vice president and CFO Brad Rich clearly wanted to emphasize during the company’s third-quarter earnings conference call last month.
Now that his company has joined the ranks of the major airlines with its takeover of Frontier and Midwest Airlines, an admission by Republic Airways CEO Bryan Bedford of a “jaundiced view” of the small regional jet market might not come as a surprise.