Executive Airlines

{{short description|Former regional airline headquartered in Carolina, Puerto Rico}}

{{Infobox airline

| airline = Executive Airlines

| image = American Eagle ATR-72-212.JPG

| image_size =

| alt =

| caption = American Eagle (Executive Air) ATR 72-212 landing at Princess Juliana International Airport

| IATA = OW

| ICAO =EXK

| callsign = EXECUTIVE EAGLE

| founded = {{Start date and age|1986}}

| commenced =

| ceased = {{Start date and age|2013|04|01|br=y}}

| aoc =

| bases =

| hubs = San Juan

| secondary_hubs =

| focus_cities =

| frequent_flyer = AAdvantage

| alliance = Oneworld (Affiliate)

| subsidiaries =

| fleet_size = 12

| destinations = 12

| company_slogan =

| parent = AMR Corporation

| traded_as =

| ISIN =

| headquarters = Carolina, Puerto Rico

| key_people = Pedro Fabregas (President)

| revenue =

| operating_income =

| net_income =

| profit =

| assets =

| equity =

| num_employees = 2,125 (2007)

| website =

| notes =

}}

Executive Airlines, Inc. was a Puerto Rican-based regional airline headquartered at Luis Muñoz Marín International Airport in Carolina, Puerto Rico, the main airport for the United States territory, near the capital of San Juan."[http://www.aviationweek.com/media/pdf/Regional3.pdf Regional3.pdf]{{dead link|date=October 2017|bot=medic}}{{cbignore|bot=medic}}." Aviation Week. Retrieved on September 28, 2009.World Airline Directory. Flight International. March 22–28, 1995. [http://www.flightglobal.com/pdfarchive/view/1995/1995%20-%200753.html 68]. The airline was a wholly owned subsidiary of the AMR Corporation and it was paid by fellow AMR member American Airlines to staff, operate and maintain aircraft used on American Eagle flights that were scheduled, marketed and sold by American Airlines. Executive Airlines operated an extensive inter-island network in the Caribbean and the Bahamas from its hub in San Juan.Flight International 3 April 2007

The airline was founded as Executive Air Charter in 1979; it joined the American Eagle system on September 15, 1986 as an independent airline. The company was purchased by AMR on December 7, 1989. In late 2007, AMR attempted to spin off Executive Airlines, but the effort was unsuccessful. AMR eventually announced that it would close Executive Airlines on March 31, 2013.

The Executive Airlines name was also used by a U.S.-based commuter air carrier which operated scheduled passenger flights during the late 1960s and early 1970s in the northeast U.S. and Florida.http://www.timetableimages.com, Executive Airlines timetables

History

Image:ATR72.JPG (Executive Airlines) Super ATR 72 at Las Américas International Airport, Dominican Republic|left]]

The airline was founded by Puerto Rican businessman Joaquín Bolivar as Executive Air Charter in 1979, and on September 15, 1986 joined the American Eagle system as an independent airline operating code sharing flights on behalf of American Airlines.

The airline was purchased by the AMR Corporation, which at the time was the holding company of American Airlines and American Eagle Airlines.

In late 2007, it was announced AMR planned to spin off American Eagle Airlines and Executive Airlines.{{cite web|title=American Airlines Inc - 8-K - For 11/29/07|url=http://www.secinfo.com/d61m.u2y.htm|access-date=2012-10-14|publisher=SEC Info}}{{cite web|title=American Airlines Inc - 8-K - PDF - For 11/29/07 - Accession Number 0000006201-07-000093|url=http://pdf.secdatabase.com/350/0000006201-07-000093.pdf|access-date=2012-10-14|publisher=Secdatabase.com}} In 2008, AMR put the spin-off plans on hold until the airline industry stabilized after the 2008 financial crisis. In February 2008, Executive Airlines fleet of 12 ATR 72 turboprop aircraft were used to generate cash for the struggling AMR in a leaseback transaction.{{cite web|date=2008-12-02|title=American inks sale-leaseback deal on ATR 72s|url=http://www.flightglobal.com/articles/2008/12/02/319651/american-inks-sale-leaseback-deal-on-atr-72s.html|access-date=2012-10-14|publisher=Flightglobal.com}}

On November 29, 2011, AMR Corporation filed for a Chapter 11 reorganization bankruptcy. Executive was forced to return its aircraft to the leasing company starting in 2012. As part of the changes during the AMR bankruptcy and merger with US Airways to form the American Airlines Group, the decision was made to close Executive Airlines on March 31, 2013. The airline's President and CEO, Pedro Fabregas would remain with the company and would become the President and CEO of American Eagle Airlines, which would be renamed Envoy Air.

Former destinations

''Further information : American Eagle (airline brand) - (MQ) American Eagle Airlines / Envoy Destinations

;Destinations served from the former American Airlines San Juan hub

Fleet

The Executive Air fleet consisted of the following aircraft (at February 2008):

class="toccolours" border="1" cellpadding="3" style="border-collapse:collapse;margin:auto;" \|+ Executive Airlines Fleet
rowspan="2" \|Aircraft !rowspan="2" style="width:25px;" \|In Fleet !rowspan="2" style="width:25px;" \|Orders !colspan="3" \|Passengers !rowspan="2" \|Routes !rowspan="2" \|Notes
J ! Y ! Total
ATR 72-200 \|12 \|0 \|0 \|64 \|64 \| \|

class="toccolours" border="1" cellpadding="3" style="border-collapse:collapse;margin:auto;"

|+ Executive Airlines Fleet

rowspan="2" |Aircraft

!rowspan="2" style="width:25px;" |In Fleet

!rowspan="2" style="width:25px;" |Orders

!colspan="3" |Passengers

!rowspan="2" |Routes

!rowspan="2" |Notes

J

! Y

! Total

ATR 72-200

|12

|0

|64

|

Prior to transitioning to an all ATR 72 fleet, Executive Airlines operated ATR 42, CASA 212 and Short 360 turboprop aircraft.

Incidents and accidents

May 8, 1987: American Eagle Flight 5452, a CASA 212-200 was on a domestically scheduled passenger flight between San Juan, Puerto Rico-Mayaguez, Puerto Rico crashed short of Runway 09 while landing at Mayaguez. After impacting, the plane continued through a chain link fence and a ditch. Of the 6 occupants onboard (4 passengers and 2 crew on board) 2 were killed. The cause of the crash was determined to be the improper maintenance in setting the flight idle propeller and engine fuel flow.{{cite web|url=http://amelia.db.erau.edu/reports/ntsb/aar/AAR88-07.pdf|archive-url=https://web.archive.org/web/20080227080441/http://amelia.db.erau.edu/reports/ntsb/aar/AAR88-07.pdf|archive-date=2008-02-27 |title=Libraries | Embry-Riddle Aeronautical University |publisher=Amelia.db.erau.edu |access-date=2012-10-14}}
June 7, 1992: American Eagle Flight 5456, a CASA 212-200 was on a regular flight between San Juan, Puerto Rico and Mayaguez, Puerto Rico when it lost control and crashed nose-down about 3/4 mile from the Mayaguez, Puerto Rico airport. Both crew and all three passengers were killed. The cause of the crash was the copilot's inadvertent activation of the levers, causing the plane to lose control.[https://web.archive.org/web/20050428084809/https://www.ntsb.gov/ntsb/brief.asp?ev_id=20001211X14941&key=1 MIA92MA131]
May 9, 2004: an American Eagle ATR 72, flight 5401, crashed on landing in San Juan, Puerto Rico after the captain lost control of the aircraft while landing. 17 people were injured.{{cite web|url= https://libraryonline.erau.edu/online-full-text/ntsb/aircraft-accident-reports/AAR05-02.pdf |title=Crash During Landing, Executive Airlines Flight 5401, Avions de Transport Regional 72-212, N438AT, San Juan, Puerto Rico, May 9, 2004 |access-date=2020-12-25}}