| Business Summary | | Atlantic
Coast
Airlines
Holdings,
Inc.
operates
through
its
wholly
owned
subsidiaries,
Atlantic
Coast
Airlines
(ACA)
and
Atlantic
Coast
Jet,
Inc.
(ACJet),
which
together
are
regional
airlines
serving
53
destinations
in
24
states
in
the
Eastern
and
Midwestern
United
States
as
of
March
1,
2001,
with
650
scheduled
non-stop
flights
system-wide
every
weekday.
ACA
markets
itself
as
United
Express
and
is
the
only
code-sharing
regional
airline
for
United
Airlines,
Inc.
operating
in
the
Eastern
United
States.
ACJet
markets
itself
as
a
Delta
Connection
carrier
with
Delta
Air
Lines,
Inc.
operating
predominately
in
the
Northeastern
United
States.
The
Company's
United
Express
operation
is
centered
around
Washington's
Dulles
and
Chicago's
O'Hare
airports.
The
Delta
Connection
operation
is
focused
at
New
York's
LaGuardia
and
Boston's
Logan
airports.
As
of
March
1,
2001,
the
Company
operated
a
fleet
of
108
aircraft
having
an
average
age
of
approximately
four
years. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Atlantic
Coast
Airlines
Holdings,
Inc.
is
the
holding
company
of
Atlantic
Coast
Airlines,
a
regional
airline
serving
53
destinations
in
24
states
in
the
Eastern
and
Midwestern
United
States.
For
the
six
months
ended
6/30/01,
revenues
rose
34%
to
$279.7
million.
Net
income
rose
58%
to
$22.6
million.
Revenues
reflect
an
increase
in
available
seat
miles.
Earnings
also
reflect
decreased
traffic
commissions
and
an
increase
in
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Kerry Skeen, 48 Chairman,
CEO | $1.4M | $5.1M | Thomas Moore, 44 Pres,
COO, Director | 722K | 1.2M | Richard Surratt, 40 CFO,
Sr. VP, Treasurer, Assistant Sec. | 399K | -- | William Lange, 56 Sr.
VP, Operations | 271K | 30K | David Asai, 45 VP
of Financial Planning, Controller and Assistant Sec. | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|