Swift Air / Eastern Air Lines - Swift Air
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Swift Air / Eastern Air Lines

SWIFT AIR LLC TO ASSUME CERTAIN AIRLINE ASSETS AND CUSTOMERS FROM EASTERN AIR LINES CREATING A PREMIER SUPPLEMENTAL CARRIER

Transaction Details

  • Two B737-800s will transfer from Eastern Air Lines to Swift Air
  • Eastern Air Lines’ name, assets, and associated trademarks will be retained within the transaction
  • Certain Eastern Air Lines’ customers will transition to Swift Air
  • NHL Florida Panthers will become a customer of Swift Air
  • The transaction is not a purchase of one certificate or merger of two certificates

Both the Swift Air and Eastern Air Lines Boards of Directors have unanimously approved this transaction. Once regulatory approvals have been obtained, this transaction will expand Swift Air’s current book of business and the reach of Swift Air with B737-800’s. These new aircraft will allow Swift Air to expand the scope of the customers it serves. Indeed, Swift Air will be announcing new customers soon.

With the addition of 2 assets from Eastern Air Lines and the complementary addition of 3 aircraft, Swift Air will expand from 13 B737 aircraft to 18 B737 aircraft in the near future. This growth platform will enhance the company as a competitor in its space and allow Swift Air to pursue new endeavors which will be announced soon.

Swift Air is known for its high quality service, dedicated employees and fantastic customer base. This transaction builds upon these core strengths while allowing us to pursue new opportunities.