MarkAir
In 1980 Alaska International Air bought a regional passenger/cargo airline named Great Northern Airways which operated a small fleet of Lockheed L-188 Electra turboprops.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 Cold Bay, Cordova, Aniak, McGrath, Dillingham, King Salmon, Galena, St. Paul, Unalakleet, Kodiak, Kenai, Homer and Valdez.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.[10] In 1995, faced with bankruptcy again, the airline cut all jet services within the state of Alaska and in order to concentrate on its Denver hub, which was the new location of the new MarkAir headquarters.[11] 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.
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