| | Business Summary | | Great
Lakes
Aviation,
Ltd.
is
a
regional
airline
that,
during
2000,
operated
under
the
marketing
identity
United
Express.
In
February
2001,
the
Company
and
United
Airlines,
Inc.
entered
into
a
new
three-year
code-sharing
partnership
under
which
the
Company
will
no
longer
operate
under
the
name
United
Express,
but
will,
instead,
operate
under
its
own
name.
As
of
December
31,
2000,
the
Company's
fleet
consisted
of
40
Beechcraft
Model
1900D
19-passenger
aircraft
and
eight
Embraer
Brasilia
Model
120
30-passenger
aircraft.
The
Company
also
has
four
Beechcraft
Model
1900C
aircraft
being
used
exclusively
for
freight
operations.
At
December
31,
2000,
the
Company
served
57
destinations
in
14
states
located
in
the
Upper
Midwest
and
West
Mountain
region,
with
connections
to
United
at
Chicago
O'Hare,
Denver
and
Minneapolis/St.
Paul. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | GLUX
is
a
regional
airline
which
operates
under
three
identities
(United
Express,
Midway
Connection
and
Great
Lakes
Airlines).
As
of
3/01,
GLUX
served
58
destinations
in
14
states
with
290
scheduled
departures
each
weekday.
For
the
six
months
ended
6/01,
revenues
fell
17%
to
$54.8
million.
Net
loss
totalled
$13.7
million
vs.
an
income
of
$590
thousand.
Results
reflect
a
reduction
in
passengers
carried
and
higher
maintenance
costs
related
to
aircraft
engine
overhaul
activity. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Douglas Voss, 46
Chairman,
Pres, CEO | $175K | Richard Nelson, 58
COO | -- | Richard Fontaine, 60
Sr.
VP of Marketing | 117K | Richard Hanson, 42
VP-Fin. | -- | James Frazier, 42
VP
of Customer Service | -- | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/g/glux.gif)