United looking at deal to invest in regional airline ExpressJet: sources
Move is likely to boost Chicago-based carrier's pipeline of pilots and expand service in the eastern and midwestern US, they add
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Atlanta
UNITED Continental Holdings Inc is exploring a deal to invest in regional airline ExpressJet to boost its pipeline of pilots and expand service in the eastern and midwestern United States, people familiar with the matter said.
The Chicago-based carrier is looking at acquiring an ownership stake in ExpressJet among other options in negotiations that are still developing, said the people, who asked not to be identified because the talks are private. There's no guarantee the discussions will lead to a deal with ExpressJet, an unprofitable subsidiary of SkyWest Inc that already flies for United.
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