United subsidiary ManaAir to finalize acquisition of ExpressJet

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Chicago - ManaAir, a joint venture by KAir Enterprises and United Airlines, has announced that it finished the takeover process of ExpressJet and it would add 25 Embraer E175 jets to the airline's fleet, which will include an Economy Plus alongside the Economy Class.

ExpressJet will operate regional flights from Chicago O'Hare Airport on behalf of United Airlines under its new brand United Express. The first Embraer E175 will join the fleet in April 2019. The E175's of the new regional airline will be configured to accommodate 70 passengers in total.

The airline previously operated as the feeder for American Airlines till the beginning of this year 2019 and for Delta Air Lines till November 2018.

According to the agreement, ManaAir will pay to SkyWest, the former parent of the ExpressJet, $70 million in cash for the majority of ExpressJet's assets.

As part of the agreement, SkyWest will also lease 20 Bombardier CRJ-200 jets to United Express for up to five years.

ExpressJet currently owns two CRJ-100ER, 16 CRJ-200ER, 24 CRJ-700, and 109 E145. It will lease 19 Bombardier CRJ-700 jets to SkyWest Airlines in return for fourteen CRJ-100/200 jets in the fleet which are owned by SkyWest.

The acquisition will give United Airlines more control over short-distance, regional routes with a fleet of about 150 small jets.