Southern Airways Announces Strategic Minority Investment By SkyWest, New Alliance Between the Companies
Southern Airways Corporation, the parent company of Southern Airways Express and Mokulele Airlines, has announced a strategic minority investment by SkyWest, Inc. (NASDAQ: SKYW).
POMOANO BEACH, Fla., April 30, 2019 -- Southern Airways Corporation, the parent company of Southern Airways Express and Mokulele Airlines, has announced a strategic minority investment by SkyWest, Inc. (NASDAQ: SKYW).
Southern now has more than 200 pilots in its combined pilot corps, many of whom are looking to advance their aviation careers to regional and mainline carriers. SkyWest is the largest regional carrier in the world as measured by fleet size, number of passengers carried and cities served. This strategic investment by SkyWest will enhance Southern's recruiting capabilities by providing a career pathway from flight school through Southern's cadet program and ultimately to SkyWest. Those interested in applying to Southern should visit the Careers tab on the company's website, www.iFlySouthern.com.
"The airline marketplace is incredibly competitive, and we are pleased with this opportunity to firmly cement our brand alongside the most respected regional industry giant," said Stan Little, chairman and CEO of Southern Airways. "Southern Airways is committed to remaining the most reliable and economical carrier in our class and to working with our partners to create win-win solutions like this one."
"SkyWest is pleased to acquire a minority equity interest in Southern Airways," said Wade Steel, chief commercial officer of SkyWest, Inc. "Putting a pilot pathway program in place with Southern enhances our pipeline of future Part 121 professional aviators."
Southern, with operational footprints in the Gulf South, the mid-Atlantic and South Florida, recently acquired Mokulele Airlines, a carrier providing service throughout the Hawaiian Islands and in Southern California.
Southern began service in 2013 by offering flights from Memphis, Tenn. to Destin, Fla. using a total of four pilots and three aircraft. In 2015, Southern acquired Executive Express Aviation, an Illinois-based charter company that was previously contracted to operate the Southern flight schedule. In February 2016, Southern acquired Sun Air Express, an airline operating Essential Air Service (EAS) routes in the mid-Atlantic. Three years later, in February of 2019, Southern acquired Mokulele. Following the integration of the two airlines, expected to be complete by mid-summer, the new Southern Airways will operate 1,380 weekly flights, more than any other carrier in the 50 states.
Founded in 2013, Pompano Beach, Florida-based Southern Airways Express has quickly grown to become one of the largest commuter airlines in the United States. Operating a fleet of Cessna Caravans and Grand Caravans, Southern, along with its new subsidiary, Mokulele Airlines, serves 30 cities with more than 220 peak-day departures from hubs at Baltimore, Dallas/Ft.Worth, Honolulu, Kahului, Kona, Memphis, Palm Beach and Pittsburgh.
For more information, go to http://www.iFlySouthern.com or visit us on all major social media sites.