Mark Air - History

History

The airline began its life as Interior Airways in the late 1946 carrying cargo throughout the state of Alaska. In the late 1960s the airline bought Lockheed L-382 Hercules aircraft to service construction of the Alaska Pipeline. In 1972 it changed its name to Alaska International Air to reflect its international charter business. In 1980 Alaska International Air bought a regional passenger/cargo airline named Great Northern Airways. In 1984 new colors and the name MarkAir (reportedly named after a newsboy named Mark) were brought to the airline as it inaugurated passenger/cargo service from Anchorage to the Alaska bush communities of Barrow, Bethel, Dillingham, Fairbanks, King Salmon, Kotzebue, Nome, and Prudhoe Bay/Deadhorse. The airline had purchased Boeing 737-200 combination cargo/passenger aircraft to operate these services.

In the mid-1980s MarkAir and Alaska Airlines entered into a codesharing agreement with MarkAir operating as Alaska Airlines to the communities of Dillingham, Dutch Harbor, Barrow, Aniak, St. Mary's and Alaska Airlines feeding MarkAir from its routes from Seattle and other "lower 48" destinations. In the late 1980s MarkAir bought several air taxis (airlines operating small six to nine seat aircraft from larger communities such as Bethel to Alaska's Native villages) and purchased several Beechcraft 1900 aircraft; and under the name of MarkAir Express operated new service from Anchorage to Cordova, Aniak, McGrath, Dillingham, King Salmon, Galena, Unalakleet, Kodiak, Kenai, Homer and Valdez. By 1990 MarkAir was the State of Alaska's largest airline.

In 1990, Alaska Airlines abruptly cancelled its codesharing agreement with MarkAir and MarkAir inaugurated service to key Alaska Airlines markets such as Anchorage-Seattle, Anchorage-Juneau-Sitka-Ketchikan-Seattle, Seattle-Los Angeles, Seattle-San Francisco and Seattle-Portland. In 1992 the airline expanded its Lower 48 route network to include Seattle-Chicago/Midway and Denver. However the head-to-head competition with Alaska Airlines, although it forced major cuts with the latter, following Alaska Airlines' loss post of US$121 million caused MarkAir to find itself in bankruptcy by the end of 1992. In 1993 MarkAir restructured itself as a "low fare" carrier and cut most routes out of Seattle with the exception of Seattle-Anchorage and Seattle-Los Angeles. The airline began a hub in Denver and serviced various West Coast, Midwest and Southern cities. In 1994 city and business officials from Denver, Colorado hoped to persuade MarkAir to move its headquarters to Denver.

In 1995 faced with bankruptcy again, the airline cut all jet services within the state of Alaska and concentrated on its Denver hub, the new MarkAir headquarters. MarkAir Express continued services within the State of Alaska taking over all of MarkAir's jet routes. In 1996 MarkAir was forced to shut down. MarkAir Express remained until 1997 and was reorganized into the all-cargo carrier Alaska Central Express.

MarkAir's assets were purchased in bankruptcy by the private equity firm Wexford Capital Management, the majority owners in control of the present day Republic Airways Holdings.

Read more about this topic:  Mark Air

Famous quotes containing the word history:

    If you look at the 150 years of modern China’s history since the Opium Wars, then you can’t avoid the conclusion that the last 15 years are the best 15 years in China’s modern history.
    J. Stapleton Roy (b. 1935)

    Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.
    Ruth Benedict (1887–1948)

    It’s a very delicate surgical operation—to cut out the heart without killing the patient. The history of our country, however, is a very tough old patient, and we’ll do the best we can.
    Dudley Nichols, U.S. screenwriter. Jean Renoir. Sorel (Philip Merivale)