Passenger airlines are airlines dedicated to the transport of human passengers. Passenger airlines typically operate a fleet of passenger aircraft that may be either owned outright by an airline company or leased from commercial aircraft sale and leasing companies. Passenger airlines can be mainline, with flights operated by the airline's main operating unit, or a regional airline that operates regionally over shorter non-intercontinental distances. Passenger airlines may also be low-cost carriers, which provide basic and less expensive services, charter airlines which operate outside regular schedule intervals, or a major airline with at least one billion U.S. dollars in revenue.
industries
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Aerospace & Defense
Passenger Airlines
— Statista
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sold
Merlot Aero
aerospace — Passenger Airlines
Merlot Aero is an airline operations management solution that streamlines and optimizes aircraft & crew utilization for airlines of any operations type & size.
Acquired by CAE
sold
PenAir
aerospace — Passenger Airlines
PenAir filed for bankruptcy on August 6, 2017, and was subsequently acquired by Peninsula Aviation in early October for around USD15.75 million. The new owner intends to continue PenAir’s existing scheduled services with the current fleet of aircraft, consisting of six Saab 2000 and three Saab 340Bs. The company also states it will continue using the PenAir brand and about 410 current employees.
Acquired by Ravn Air Group
sold
Vayant Travel Technologies
aerospace — Passenger Airlines
Vayant is a cloud software company that provides advanced shopping, merchandising and inspirational travel solutions. The acquisition of Vayant accelerates PROS modern commerce innovation for the travel industry and positions PROS to deliver even greater value to its travel customers.
Acquired by PROS