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A ViaAir ERJ-145 departs Austin Bergstrom International Airport. (Photo: AirlineGeeks | Mateen Kontoravdis)

Wexford Capital Acquires Bankrupt Via Airlines, Set To Launch New Carrier

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…

TBT (Throwback Thursday) In Aviation History: Airwest/Hughes Airwest

In 1968, with the Airline Deregulation Act in its tenth year, small local carriers across the United States were feeling the pressure of larger carriers that were rapidly invading their markets. In an effort to combat the intense pressure from the large carriers, Airwest was born. The carrier was formed…