ManaAir completes acquisition of ExpressJet Airlines

posted on 23rd January 2019 by Justin Burns
ManaAir completes acquisition of ExpressJet Airlines

ManaAir has completed the acquisition of ExpressJet Airlines which flies for United Airlines as a United Express carrier.

In 2019, ExpressJet will grow its fleet with 25 new dual-class Embraer E175 aircraft. The first delivery is scheduled for April.
Subodh Karnik will serve as president and chief executive officer of ExpressJet.

No details of the financial details of the deal were revealed.

Karnik has more than 30 years of airline experience, including senior leadership roles at Delta Air Lines, Continental Airlines, and international and regional carriers.

“I am honoured to join the strong, resilient team at ExpressJet as we cement the United Express partnership and benefit from the strength of United Airlines’ investment,” said Karnik. “Twenty percent growth, including hiring 600 pilots in 2019, is only the start.”

ExpressJet Airlines operates as United Express, on behalf of United Airlines, to serve more than 100 airports across the US, Canada and Mexico. The airline flies more than 3,300 weekly flights from bases in Chicago, Cleveland, Houston and Newark.