Private company

FLYi

American airline holding company

FLYi, Inc., previously known as Atlantic Coast Airlines Holdings, Inc., was a Delaware airline holding company based in the Dulles area of unincorporated Loudoun County, Virginia. Prior to filing for Chapter 11 Bankruptcy, the company operated Independence Air.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2004Founded1
  • HeadquartersLoudoun County1
IndependenceAirheadquarters
Photo: Robert Latham, < https://www.flickr.com/people/7279592@N04/ >, CC BY 3.0, via Wikimedia Commons4

FLYi, Inc., previously known as Atlantic Coast Airlines Holdings, Inc., was a Delaware airline holding company based in the Dulles area of unincorporated Loudoun County, Virginia. Prior to filing for Chapter 11 Bankruptcy, the company operated Independence Air.2

Corporate structure

FLYi sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Atlantic Coast Airlines Holdings, Inc. was a commuter airline formed in 1989. Atlantic Coast Airlines operated as United Express and Delta Connection. Upon termination of their codeshare agreements, in 2004 the company changed its name to FLYi, Inc, representing the airline's new name, Independence Air.

On November 7, 2005, FLYi, Inc. and its subsidiaries filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware. This press release Archived 2005-11-25 at the Wayback Machine declares that they expected to attract new investors within sixty days of the filing.

Due to Flyi not finding an investor as expected, Flyi ceased operations on January 5, 2006 at 7:00 p.m. UTC-5. The airline's operating certificate was purchased by Northwest Airlines and operated as Compass Airlines. The company had traded on the Pink Sheets under the symbol FLYIQ, but the stock has since ceased trading there.

From Wikipedia’s article on FLYi, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Jan 6, 2006Dissolved Dissolved1
  2. 2004Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4