Air Transport World

CCAir shines as Piedmont Commuter.

CCAir shines as Piedmont Commuter Charlotte--Where do you take a healthy post-deregulation commuter airline once you've secured a major airline partner, doubled enplanements and ordered new equipment? If you're like Roy Hagerty, president of privately held CCAir, Inc., you take the airline public.

That's the next step in the evolution of CCAir, which started life Nov. 15, 1979, as Sunbird Airlines. According to sources, CCAir's Hagerty and his brother Harry E. are hard at work with underwriters, looking for a package that they hope will net the growing Piedmont Commuter between $3 million and $10 million.

Revenues from the stock offering are tentatively earmarked for new aircraft in the over-30 seat category, ATW learned. The airline currently serves 13 cities, down from 1982's high of 16. …

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