ManaAir Announces Completion of ExpressJet Airlines Acquisition

ATLANTA, Jan. 23, 2019 /PRNewswire/ -- ManaAir LLC, a company jointly-owned by KAir Enterprises and United Airlines, today announced the completion of the purchase of ExpressJet Airlines from SkyWest, Inc.

ExpressJet is a leading U.S. regional passenger airline that flies as United Express throughout North America, with a fleet of 125 aircraft. It recently inaugurated its multi-year growth plan through an initial award of 25 Embraer E175 aircraft to be flown under the United Express brand.

ManaAir, LLC, is controlled by KAir Enterprises with minority ownership by United Airlines, a subsidiary of United Continental Holdings, Inc. (NASDAQ: UAL).

Taurus CFG acted as financial advisor and Eversheds Sutherland LLP as legal advisor to KAir in the transaction. Sidley Austin LLP acted as legal advisor to United Airlines in the transaction.

About ManaAir and ExpressJet Airlines
ManaAir, LLC, is a company founded by experienced aviation professionals to invest in and manage high-potential aviation opportunities. Its minority investors include United Airlines. For further information, contact [email protected].

ExpressJet Airlines operates as United Express, on behalf of United Airlines, to serve more than 100 airports across the United States, Canada and Mexico. The airline operates an all-jet fleet of 125 aircraft and flies more than 3,300 weekly flights. It operates crew and maintenance bases in Chicago, Illinois; Cleveland, Ohio; Houston, Texas; and Newark, New Jersey; and maintenance bases in Baton Rouge, Louisiana; Knoxville, Tennessee; and Richmond, Virginia. ExpressJet employs 3,000 aviation professionals. For further information, contact 404-856-1199, [email protected].

SOURCE ExpressJet Airlines

Related Links

www.expressjet.com