SkyQuest International Announces Sale of Great Lakes Airlines Fleet & Assets to Alpine Air

Winston-Salem, North Carolina, USA – Thursday, April 9, 2020 – SkyQuest International LLC is pleased to announce the sale of the majority of Great Lakes Airlines' aircraft and assets to Alpine Air. SkyQuest International – on behalf of Great Lakes' senior creditor – facilitated the multi-million-dollar deal which includes twenty-five (25) Beechcraft 1900D aircraft, two (2) Embraer EMB-120ER airframes, all associated engines and engine components, as well as a large inventory of spare parts, ground support equipment and tooling.

"This has been a great opportunity for SkyQuest International. We are very proud and grateful the creditor put their confidence and trust in us to market and sell Great Lakes' large inventory of aircraft and equipment." said Greg Melang, SkyQuest International President and Chief Executive Officer.

"We are very grateful to the entire SkyQuest team for their support, advice and aviation expertise that got us through to the finish line on this deal," said the Vice President of the senior creditor.