Airlines
U.S. Regional Airline Compass To Close on April 7
Trans States Holdings sees its second regional subsidiary fail in the course of a week.

Minneapolis-based regional carrier and Trans States Holdings subsidiary Compass Airlines will completely shut down on April 7, when code-share partner American Airlines removes its entire regional operation from Los Angeles. The memo to employees explaining the reasons for the closure comes days after CEO Rick Leach communicated that St. Louis-based Trans States Airlines would accelerate its previously planned drawdown of operations and close on April 1. An earlier communique from Leach to Compass’s employees had revealed the ending of all the airline’s Delta Air Lines contract flying at the end of this month due to capacity cuts associated with the Covid-19 crisis.