ExpressJet Hires Adviser After Losing United Air Contract During Pandemic
- Regional air carrier is grappling with pilot, debt issues
- United has exited its stake in parent company of ExpressJet
Passengers board a United Express passenger aircraft operated by ExpressJet Airlines at Santa Fe Municipal Airport in New Mexico in 2015.
Photographer: Robert Alexander/Getty ImagesThis article is for subscribers only.
ExpressJet Airlines, a regional airline that has resumed operations after losing a key contract during the pandemic in 2020, has hired Moore Colson, an accounting and financial advisory firm, to help it fix its financial and labor problems.
The carrier is looking to cut its debt load and renegotiate contracts with pilots, according to people with knowledge of the situation. A representative for ExpressJet declined to comment. Moore Colson didn’t respond to request for comment.