Bloomberg Law
Aug. 4, 2020, 2:05 PM

Another Regional U.S. Airline Falls to the Covid-19 Recession (2)

Justin Bachman
Justin Bachman
Bloomberg News

The Big Three U.S. airlines are unlikely to dismantle the regional carrier model any time soon, so long as they rely on massive hubs to generate profits. This outlook is from the CEO of ExpressJet Airlines, one of the largest regional carriers in America, and one which plans to shut down this year.

ExpressJet is the fourth U.S. regional airline to collapse since the Covid-19 pandemic decimated air travel. Through a subsidiary, United Airlines Holdings Inc. owns 49.9% of the airline, which it acquiredfrom SkyWest Inc. in late 2018 to bolster its regional flying. United has decided to end its ...

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