Source Pravda.Ru

ExpressJet Inc turns down SkyWest's acquisition offer

ExpressJet Airlines, Inc. turned down Friday SkyWest offer to acquire a regional airline for $181.6 million.

ExpressJet reported that it assessed the company’s value much higher than was offered - $3.50 a share.

SkyWest Inc, combined with Atlantic Southeast Airlines, is the sixth-largest airline in terms of number of planes, operating 436 regional aircraft.

The airline employs over 11,100 people and averages 1,794 daily departures across its network. Approximately 65% of flights are operated as United Express, 31% as Delta Connection, and 4% as Midwest Connect.

ExpressJet Airlines, Inc. is an autonomous business entity since its divestiture from Continental Airlines, Inc. It is the 14th-largest airline in terms of fleet size, operating 274 aircraft. Friday ExpressJet entered again into discussions with Continental regarding the contract.

Neither ExpressJet nor SkyWest commented the situation.

Photo: www.wikipedia.org

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
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