Colgan Air - Headquarters

Headquarters

The headquarters of Colgan Air were located in Memphis, Tennessee. The headquarters were formerly on the grounds of the Manassas Regional Airport in Manassas, Virginia. On Tuesday June 28, 2005, the Prince William County, Virginia Board of County Supervisors voted to sell 10 acres (4.0 ha) of land in the Innovation@Prince William business park in Prince William County to Colgan. Colgan Air planned to build a 40,000 square feet (3,700 m2) corporate headquarters and training facility in the business park for $1.7 million (including equipment costs) and move its headquarters from its airport site. Colgan planned to move its administrative and training employees from the headquarters site and other sites in Manassas and Prince William County to the new complex. The company also planned to hire around 90 additional employees as part of the process.

After Pinnacle Airlines Corp. bought Colgan Air in 2007 and made Colgan Air its subsidiary, Pinnacle agreed to keep Colgan's headquarters in Manassas as long as, in the company's words, "it continues to make operational and financial sense for the organization." In 2009 the Colgan Air announced that it was moving its headquarters to Memphis to be in proximity to the offices of Pinnacle Airlines, Colgan Air's parent company. 50 employees were scheduled to transfer to Memphis to work in crew scheduling, dispatch, training, flight operations, and other administrative tasks. While 45 other employees were asked to move to Memphis, they declined so they could stay in the Manassas area. In September 2009 the human resources department was scheduled to stay in Manassas. In October 2009 Pinnacle Airlines Corp. tried to get additional incentives from the State of Tennessee as the Colgan headquarters were about to move. During that month Colgan announced that 20 employees would remain in Manassas to man the two hangars at Manassas Regional Airport. 100 jobs in Manassas were lost as part of the headquarters move. Helaine Becker, a transportation analyst employed by Jesup & Lamont Securities Corp, believes that the moving of Colgan will help reduce costs; she said that the company did not need two corporate headquarters and that "I think it has more to do with that than anything else."

In 2010 Pinnacle Airlines Corp. considered moving its headquarters to Downtown Memphis and to Olive Branch, Mississippi, and the airline also considered keeping the headquarters in its current location. Pinnacle selected Downtown Memphis, and on October 8, 2010, the airline held a celebration for its decision to move into One Commerce Square in Downtown Memphis. The Center City Commission, the City of Memphis, and Shelby County gave out $10 million in incentives, including free parking, to convince Pinnacle to move to Downtown Memphis.