Wexford Capital, a Florida-based investment firm, announced that it and some of the firm’s partners received bankruptcy court approval to reorganize and acquire Via Airlines, a regional airline based in Maitland, Florida. The court’s approval will allow Via to relaunch flight operations when approved by the U.S. Department of Transportation (DOT) and recertified by the Federal Aviation Administration (FAA). “We are excited to re-enter the regional airline space. Leveraging our decades of experience investing in the airline industry, we are…
Compass Airlines, a regional carrier that flies for both Delta Air Lines and American Airlines, has announced that it will cease operations from April 7. The company said Thursday that it is shutting down as demand suffered a significant drop, due to the public concern and fear derived from the…
Singapore Airlines announced Thursday that its budget arm, Scoot, will take over several SilkAir routes ahead of SilkAir’s planned merger with mainline Singapore Airlines. Scoot will also be expanding its fleet with this merger, taking over 14 of SilkAir’s Boeing 737-800s. The Singaporean flag carrier has been undertaking a three-year…
On Tuesday, just over one year after commencing its first nonstop flight from Austin Bergstrom International Airport, ViaAir announced its eighth destination from the airport’s new South Terminal. The Orlando-based carrier will connect Austin with Amarillo beginning Sept. 19. The service will operate six days a week from Sunday to…
