BNET Industries
Last Fiscal Year Sales:$28.4M
- Public
- US
Dow Jones Description
MAIR is the holding company for Big Sky Transportation Co. (Big Sky), a regional air carrier based in Billings, Montana. Until April 24, 2007, MAIR was also the holding company for Mesaba Aviation, Inc., (Mesaba), a regional air carrier based in Minneapolis, Minnesota. The Companys consolidated financial statements include the accounts of MAIR and Big Sky. All intercompany transactions and balances have been eliminated in consolidation.
President
Paul F. FoleyNumber of Employees 5
Contact Information
5th St Towers Ste 1720 150 S 5th St
Minneapolis, Minnesota 55402
(612) 333-0021
Peer Companies
NAICS Code Scheduled Passenger Air Transportation: 481111
Recent Events
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Paul Foley hired as new Mesa Air Group COO
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Profit-seeking hedge fund pushing for Big Sky Airlines sale
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Profit-seeking hedge fund pushing for Big Sky Airlines sale
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Big Sky may be pawn within airline's parent company
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MAIR announces loss, progress on shutdown
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MAIR Holdings, Inc. Reports Fiscal 2008 Second Quarter Results
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MAIR Q1 earnings rise
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MAIR Holdings, Inc. Reports Fiscal 2007 Fourth Quarter and Year-End Results
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MAIR loss narrows in Q4; fiscal year
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Pilots trying to hold MAIR to '04 deal
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Regional Carrier to Become a Unit of Northwest
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Northwest, MAIR agree on terms of Mesaba sale
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Mesaba to become NWA subsidiary
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Riley Investment Management LLC Opposes Current Northwest Proposal for Mesaba Airlines, a Subsidiary of MAIR...
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Shareholder: MAIR board needs balance
News & Analysis
Filter by
earnings and finance and mair holdings inc. - All News and Analysis
MAIR Holdings, Inc. Reports Fiscal 2006 First Quarter Results
MINNEAPOLIS & ST. PAUL, Minn. -- MAIR Holdings, Inc. (NASDAQ: MAIR) today reported earnings of $1.2 million for the fiscal 2006 first quarter ended June 30, 2005 compared to earnings of $2.9 million in the comparable fiscal 2005 period. On a per-share basis, the fiscal 2006 first quarter results equal...
MAIR Holdings, Inc. Reports Fiscal 2005 Second Quarter Results
MINNEAPOLIS & ST. PAUL, Minn. -- MAIR Holdings, Inc. (Nasdaq:MAIR) today reported earnings of $4.8 million for the fiscal 2005 second quarter ended September 30, 2004 compared to earnings of $3.9 million in the comparable fiscal 2004 period. On a per-share basis, the fiscal 2005 second quarter results equal earnings...
MAIR Holdings, Inc. Reports Fiscal 2005 First Quarter Results
MINNEAPOLIS & ST. PAUL, Minn. -- MAIR Holdings, Inc. (Nasdaq:MAIR) today reported earnings of $2.9 million for the fiscal 2005 first quarter ended June 30, 2004 compared to earnings of $3.5 million in the comparable fiscal 2004 period. On a per-share basis, the fiscal 2005 first quarter results equal earnings...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Paul F. Foley | President |
| Robert C. Pohlad | Class Three Director |
| James A. Lee | Class Three Director |
| John J. Ahn | Class One Director |
| Pierson M. Grieve | Class One Director |
| Jon Austin | |
| Wendy S Ojala | Principal Accounting Officer |
| Robert E. Weil | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald E. Benson | Chairman |
| Carl R. Pohlad | Chairman of the Board |
| Mair Holdings | Board of Directors |
| Raymond W. Zehr | Chairman |
Paul Foley, Executive Vice President, Chief Operating Officer, joined the Company on October 1, 2008. From September 1999, Mr. Foley served as President and Chief Executive Officer of MAIR Holdings Inc. (“MAIR”), a holding company for regional air carriers, as well as a member of its Board of Directors and its Executive and Safety Committees. In addition, from September 1999 until October 2002, Mr. Foley also served as President and Chief Executive Officer of Mesaba Aviation, a regional air carrier based in Minneapolis, Minnesota and formerly a subsidiary of MAIR.
| Organization | Position | Status |
|---|---|---|
| Mesa Air Group, Inc. | Executive Vice President and Chief Operating Officer | Current |
| MAIR Holdings, Inc. | Board of Directors | Current |
| MAIR Holdings, Inc. | Chief Financial Officer (Principal Executive) | Current |
| MAIR Holdings, Inc. | Chief Executive Officer | Current |
| MAIR Holdings, Inc. | President | Current |
| Atlas Air, Inc. | vice president of operations | Former |
| MAIR Holdings, Inc. | Class Three Director | Former |
| Cornell University | Bachelor of Science degree | Former |
| MAIR Holdings, Inc. | Member | Former |
Mr. Pohlad became CEO in November 2000, was named Vice Chairman in January 2001 and became Chairman in January 2002. Prior to the merger with Whitman Corporation, Mr. Pohlad was Chairman, Chief Executive Officer and a Director of the former PepsiAmericas, Inc. With more than 25 years experience in the beverage industry, Mr. Pohlad has also served as President of Pohlad Companies, which owned interests in and managed several Pepsi-Cola bottling companies that were later rolled up into the former PepsiAmericas. Prior to 1987, Mr. Pohlad was Northwest Area Vice President of the Pepsi-Cola Bottling Group. Mr. Pohlad is also a director of Mesaba Holdings, Inc.
| Organization | Position | Status |
|---|---|---|
| Pepsi Cola Bottling Co. Inc. | CEO | Current |
| PepsiAmericas, Inc. | Chief Executive Officer | Current |
| PepsiCo, Inc. | Chairman & Chief Executive Officer, PepsiAmericas | Current |
| Pepsi-Cola Bottling Company of Fargo Inc. | President | Current |
| MAIR Holdings, Inc. | Class Three Director | Current |
| MAIR Holdings, Inc. | Director | Current |
| PepsiAmericas, Inc. | Chairman | Current |
| PepsiAmericas, Inc. | Director | Current |
| Pohlad Companies Inc. | President | Former |
| Pohlad Companies Inc. | Northwest Area Vice President of the Pepsi, Cola Bottling Group | Former |
| PepsiAmericas, Inc. | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Marquette Financial Companies | Executive Vice President | Current |
| Twins Sports Inc. | Vice President | Current |
| MAIR Holdings, Inc. | Chairman | Current |
| Marquette Financial Companies | Director | Current |
| Twins Sports Inc. | Director | Current |
| First California Financial Group, Inc. | Board of Directors | Current |
| MAIR Holdings, Inc. | Board of Directors | Current |
| National Mercantile | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Twins Sports Inc. | President | Current |
| MAIR Holdings, Inc. | Class Two Director | Current |
| MAIR Holdings, Inc. | Chairman of the Board | Current |
| Genmar Holdings, Inc. | Director | Current |
| Marquette Financial Companies | Founder, Chairman & President | Former |
| Boys Club | Founder | Former |
| Twins Sports Inc. | Owner | Former |
| Marquette Financial Companies | Director | Former |
| Twins Sports Inc. | Chairman of the Board | Former |
| MAIR Holdings, Inc. | Board of Directors | Former |
| Twins Sports Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| MAIR Holdings, Inc. | Class Three Director | Current |
| Big Sky Transportation Co. | Board of Directors | Former |
| MAIR Holdings, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| MAIR Holdings, Inc. | Class One Director | Current |
| Maxcor Financial Group, Inc. | Managing Director | Former |
| MAIR Holdings, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| MAIR Holdings, Inc. | Class One Director | Current |
| The Palladium | Current | |
| Bank of Naples | Director | Current |
| Palladium Equity Partners, LLC | Member | Current |
| Ecolab Inc. | CEO | Former |
| Questor, Inc | CEO | Former |
| Questor, Inc | President | Former |
| MAIR Holdings, Inc. | Director | Current |
| Ecolab Inc. | Chairman | Former |
| Meredith Corporation | Director | Former |
| Palladium Equity Partners, LLC | Board of Directors | Former |
| Northwestern University | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| MAIR Holdings, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| MAIR Holdings, Inc. | Executive Management Team | Current |
| MAIR Holdings, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| MAIR Holdings, Inc. | Principal Accounting Officer | Current |
Raymond W. Zehr, Jr. became a director of the Company in June 1995. Mr. Zehr has been Chief Investment Manager and Chief Financial Manager of CRP Holdings, LLC since 1994 and 2003, respectively. He is also Vice President of Twins Sports, Inc., the managing general partner of the Minnesota Twins Baseball Club, has been Executive Vice President and Treasurer of Pohlad Companies since 2000, and has served in various other capacities with Pohlad Companies since 1971.
| Organization | Position | Status |
|---|---|---|
| Twins Sports Inc. | Vice President | Current |
| MAIR Holdings, Inc. | Chairman | Current |
| Pohlad Companies Inc. | Treasurer | Current |
| MAIR Holdings, Inc. | Board of Directors | Former |
| Pohlad Companies Inc. | Executive Vice President | Former |
In 2007, Robert Weil joined RTI as chief financial officer. Prior to RTI, Weil was CFO of MAIR Holdings, owner and operator of Big Sky Airlines, since 2000. He brings more than 15 years of finance and management experience to RTI. During his career at MAIR, Weil managed the business through significant change and complex financial dealings. Prior to MAIR, Weil held several financial positions at Northwest Airlines assuming increased responsibilities including Director of Finance for Ground Operations, Capital Planning and Financial Planning and Analysis leadership roles. Weil is a graduate of Northwestern University with a BA in economics and holds an MBA from Northwestern University 's Kellogg School of Business.
| Organization | Position | Status |
|---|---|---|
| Restaurant Technologies, Inc. | Chief Financial Officer | Current |
| MAIR Holdings, Inc. | Treasurer | Current |
| MAIR Holdings, Inc. | Chief Financial Officer | Former |
| MAIR Holdings, Inc. | Vice President | Former |
| Northwest Airlines Corporation | Former | |
| Northwestern University | BA In Economics | Former |
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