DALLAS – ExpressJet Airlines (EV), the parent company of low-cost regional airline Aha!, has filed for bankruptcy and ceased all operations.
The airline cites the difficulty in sourcing aircraft, lower revenues due to COVID-19, and rising costs as the three main reasons for the bankruptcy.
Founded in 1987, ExpressJet, the once-leading regional titan, had previously operated contracted codeshare flights under American Eagle, Delta Connection, and most recently, United Express brands.
After losing its contract with UA to operate United Express flights, the airline created the aha! brand, which began operations on September 30, 2021.
The airline’s Chairman and Chief Executive Officer, Subodh Karnik, said, read more ⇒
Source:: “Airways Magazine”