Subsequent Events

3 Months Ended

Mar. 31, 2021

Subsequent Events [Abstract]

Subsequent Events

14. Subsequent Events

The Company evaluated the consolidated financial statements included in this Quarterly Report for subsequent events through May 17, 2021, the date the consolidated financial statements were available to be issued. The following subsequent events are noted:

• On April 23, 2021, Air Wisconsin entered into a second amendment to the United capacity purchase agreement, which addresses the scheduling of block hours permitted in the event United does not elect to exercise its extension rights within the agreement.

• On May 14, 2021, the Company’s board of directors approved the appointment of Liam Mackay as the Company’s Principal Financial Officer, effective as of the same date. Gregg Garvey, the Senior Vice President, Chief Accounting Officer and Treasurer of Air Wisconsin, will continue to serve as the Company’s Principal Accounting Officer.