Aha! Files For Chapter 11 Bankruptcy

Aha! Files For Chapter 11 Bankruptcy

Aha! Airlines and it’s parent company ExpressJet have filed Chapter 11 bankruptcy, and all flights will cease flying immediately. The airline has flown as a regional carrier for many years with United and Delta, but after losing the partnership, they formed their own airline: Aha!

“A combination of conditions led us to this decision,” ExpressJet CEO Subodh Karnik said in a statement. “Despite the valiant efforts of our employees to overcome challenges, and despite great support by our cities and airports – especially Reno-Tahoe and the community there, we arrived at a point where termination of operations was in the best interest of our stakeholders.”

Based in Reno, the airline flew to 11 destinations.

More information about compensation for those traveling can be found on their website, https://www.flyaha.com/.


Wow I thought AHA Was doing amazing

That didn’t take too long 💀


What a shame…

Now let’s wait for the bad AHA puns coming to invade this topic


I think the issue is that AHA is better than aha! It’s all about the name!


Never heard of either… now we wait for the other one to go bankrupt as well.

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They were doing anything but honestly. Monthly load factors never exceeded 45%, and in the last quarter it was sitting in the upper half of 43%. On a 50 seat plane that is only about 22 passengers, and with them having fares in the $100-$150 range typically that only means $3,300 in revenue on the average flight, certainly hard to break even on operating costs let alone turn a profit.



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Aha! is the brand under ExpressJet.

from: ExpressJet - Wikipedia
“On June 14, 2022, United Airlines Holdings Inc. quietly divested its stake in the parent company of former regional carrier ExpressJet Airlines. ExpressJet Airlines LLC became 100% owned by KAir Enterprises and affiliates.”

KAir Enterprises seems a bit of a mystery. But the backing of United being withdrawn is a good clue.

I said Aha, since it is more “relevant” today. However, I had specified that in the first sentence.


Sorry. Yes you did! I skimmed over then went off to read. Thanks for the info!

I was trying to understand the power relationship between the big airlines and the regionals. I know little about this.

So I was left with wondering why United pulled out.

To put it simply, big airlines invest in small airlines (like UA investing in ExpressJet), and when they pull out… it kinda leaves the company in a dilemma to say the least.


Yeah, I was just reading something about why the larger companies hold on to regionals and (used to?) give some profit formula to keep them going even when they were underloaded. So the larger airlines found some wider benefit in taking on some loss of their regional affiliates.

And now it doesn’t work anymore in United’s eyes. So they pull out. I wonder what tipped the balance(?).

Wow, This is a big surprise to me!

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My guess it’s because they saw that the profit wasn’t coming in as they expected - it’s better (for the investor) to pull out of the investment if it doesn’t seem to be profiting. If they see a company scrambling for a solution to losing money, it’s best to pull out while they can.

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a shame

They flew ERJ-145s up to my home area, a nice change since United stopped theirs. I even got to see the inaugural flight to my home area too

The rough impression I got from reading a bit was that majors need to fill up their denser routes (to be profitable on the dense routes). But a good fraction of all passengers are fed to the denser routes by the regionals.

But it would be expensive for the majors to own the regionals outright. So they make affiliations with regionals with their much lower labor (contract) costs. And often also use them as recruiting tools like minor league baseball does for major league. Pilots move up etc.

So if all of the above gives them more benefit than the loss that their regional affiliate is making, then they actually benefit from taking the loss of the regional affiliate.

But at some point if the loss is more than the benefit then the pressure increases on them to get out of the relationship.

As on airline analyst said in Why Airlines Work With Regional Carriers (thepointsguy.com)
“I think over time some carriers have relied on regional operations to excess”

There’s a question that comes out of all of this: Over a long period of time, why would costs of regional carriers be sustainably lower if they are essentially providing the same service to a passenger as the majors? The advantage the majors are “squeezing” from the regionals is transient?

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plays laughing to the bank by chief keef

Never heard of this airlines loll

Well they weren’t a major operation. Avelo who started a number of months prior kinda seemed to take the spot lot as the newest airline in the US, at least on the west coast of the US