BNET Industries

MAIR Holdings Inc.

(MAIR) is in the Travel Industry

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.

Chief Executive Officer
Paul F. Foley
Number of Employees 5
Contact Information

5th St Towers Ste 1720 150 S 5th St

Minneapolis, Minnesota 55402

mairholdings.co...

(612) 333-0021

NAICS Code Scheduled Passenger Air Transportation: 481111

Recent Events

  • Paul Foley hired as new Mesa Air Group COO

    10/04/08 - Bankruptcy Filings - View Story

  • Profit-seeking hedge fund pushing for Big Sky Airlines sale

    3/08/08 - Legal Settlement - View Story

  • Profit-seeking hedge fund pushing for Big Sky Airlines sale

    3/04/08 - Legal Settlement - View Story

  • Big Sky may be pawn within airline's parent company

    2/17/08 - Legal Settlement - View Story

  • MAIR announces loss, progress on shutdown

    2/06/08 - Financial Announcement - View Story

  • MAIR Holdings, Inc. Reports Fiscal 2008 Second Quarter Results

    11/06/07 - Merger / Acquisition - View Story

  • MAIR Holdings, Inc. Reports Fiscal 2008 Second Quarter Results

    11/06/07 - Financial Announcement - View Story

  • MAIR Q1 earnings rise

    8/14/07 - Financial Announcement - View Story

  • MAIR Holdings, Inc. Reports Fiscal 2007 Fourth Quarter and Year-End Results

    6/06/07 - New Investment - View Story

  • MAIR Holdings, Inc. Reports Fiscal 2007 Fourth Quarter and Year-End Results

    6/06/07 - Financial Announcement - View Story

  • Pilots trying to hold MAIR to '04 deal on job security

    2/20/07 - Licensing / Contract - View Story

  • Pilots trying to hold MAIR to '04 deal

    2/20/07 - Joint Venture / Alliance - View Story

  • Pilots trying to hold MAIR to '04 deal

    2/20/07 - Financial Announcement - View Story

  • MAIR Holdings Reaches Definitive Agreement with Northwest Airlines Mesaba Also Reaches Agreement with NWA on...

    1/24/07 - Joint Venture / Alliance - View Story

  • MAIR Holdings Reaches Definitive Agreement with Northwest Airlines Mesaba Also Reaches Agreement with NWA on...

    1/24/07 - New Investment - View Story

  • MAIR Holdings Reaches Definitive Agreement with Northwest Airlines Mesaba Also Reaches Agreement with NWA on...

    1/24/07 - Joint Venture / Alliance - View Story

  • Mesaba to become NWA subsidiary

    1/23/07 - Joint Venture / Alliance - View Story

  • Regional Carrier to Become a Unit of Northwest

    1/23/07 - Joint Venture / Alliance - View Story

  • Riley Investment Management LLC Opposes Current Northwest Proposal for Mesaba Airlines, a Subsidiary of MAIR...

    1/06/07 - Board Member - Leaving - View Story

  • Riley Investment Management LLC Opposes Current Northwest Proposal for Mesaba Airlines, a Subsidiary of MAIR...

    1/06/07 - Mgmt. Change - Leaving - View Story

News & Analysis

mair holdings inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Paul F. Foley Chief Executive Officer
Robert C. Pohlad Director
James A. Lee Class Three Director
John J. Ahn Class One Director
Pierson M. Grieve Director
Jon Austin
Mair Holdings Executive Management Team
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
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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