MarkAir

MarkAir was a regional airline. It had its headquarters in Anchorage, Alaska, United States.^[1] It ceased operations and liquidated in 1995.^{[citation needed]}

Former Code Data

• ICAO Code: MRK
• IATA--BF
• Callsign: MarkAir

History

The airline began its life as Interior Airways in the late 1940s carrying cargo throughout the state of Alaska. In the late 1960s the airline bought Lockheed L-382 Hercules aircraft to service construction of the Alaska Pipeline. In the 1970s it changed its name to Alaska International Air to reflect its international charter business. In 1982 Alaska International Air bought a regional passenger/cargo airline named Great Northern. In 1984 new colors and the name MarkAir (reportedly named after a newsboy named Mark) were brought to the airline as it inaugurated passenger/cargo service from Anchorage to the Alaska bush communities of Barrow, Bethel, Dillingham, Fairbanks, King Salmon, Kotzebue, Nome, and Prudhoe Bay/Deadhorse. The airline had purchased Boeing 737-200 combination cargo/passenger aircraft to operate these services.

In the mid-1980s MarkAir and Alaska Airlines entered into a codesharing agreement with MarkAir operating as Alaska Airlines to the communities of Dillingham, Dutch Harbor, Barrow, Aniak, St. Mary's and Alaska Airlines feeding MarkAir from its routes from Seattle and other "lower 48" destinations. In the late 1980s MarkAir bought several air taxis (airlines operating small six to nine seat aircraft from larger communities such as Bethel to Alaska's Native villages) and purchased several Beechcraft 1900 aircraft; and under the name of MarkAir Express operated new service from Anchorage to Cordova, Aniak, McGrath, Dillingham, King Salmon, Galena, Unalakleet, Kodiak, Kenai, Homer and Valdez. By 1990 MarkAir was the State of Alaska's largest airline.^{[citation needed]}

In 1990, Alaska Airlines abruptly cancelled its codesharing agreement with MarkAir and MarkAir inaugurated service to key Alaska Airlines markets such as Anchorage-Seattle, Anchorage-Juneau-Sitka-Ketchikan-Seattle, Seattle-Los Angeles, Seattle-San Francisco and Seattle-Portland. In 1992 the airline expanded its Lower 48 route network to include Seattle-Chicago/Midway and Denver. However the head-to-head competition with Alaska Airlines caused MarkAir to find itself in bankruptcy by the end of 1992. In 1993 MarkAir restructured itself as a "low fare" carrier and cut most routes out of Seattle with the exception of Seattle-Anchorage and Seattle-Los Angeles. The airline began a hub in Denver and serviced various West Coast, Midwest and Southern cities.^{[citation needed]} In 1994 city and business officials from Denver, Colorado hoped to persuade MarkAir to move its headquarters to Denver.^[2]

In 1995 faced with bankruptcy again, the airline cut all jet services within the state of Alaska and concentrated on its Denver hub, the new MarkAir headquarters.^[3] MarkAir Express continued services within the State of Alaska taking over all of MarkAir's jet routes. In 1996 MarkAir was forced to shut down. MarkAir Express remained until 1997 and was reorganized into the all-cargo carrier Alaska Central Express.

MarkAir's assets were purchased in bankruptcy by the private equity firm Wexford Capital Management, the majority owners in control of the present day Republic Airways Holdings.^[4]

Fleet

MarkAir/MarkAir Express operated a fleet of:

• Boeing 737-200C
• Boeing 737-300
• Boeing 737-400
• Lockheed L-100 Hercules
• Beechcraft 1900C
• Cessna 207
• Cessna 208 Caravan
• Cessna 185
• de Havilland Canada DHC-2 Mk.III Turbine Beaver
• de Havilland Canada DHC-6 Twin Otter
• de Havilland Canada DHC-7
• de Havilland Canada DHC-8

References

1. ^ "World Airline Directory." Flight International. March 22–28, 1995. 761.
2. ^ Rebchook, John. "MARKAIR CIRCLING DENVER CITY AND BUSINESS OFFICIALS HOPE THEY CAN PERSUADE ALASKA'S MAVERICK AIRLINE TO MOVE ITS HEADQUARTERS." The Rocky Mountain News. July 31, 1994. Retrieved on December 14, 2009.
3. ^ http://finance.groups.yahoo.com/group/markair/
4. ^ http://www.alacrastore.com/mergers-acquisitions/Wexford_Capital_LP-2559725

External links

• MarkAir Former Fleet Detail