In 2017 Swift Air announced plans to acquire the Boeing 737-800 assets of Eastern Airlines stating, "Eastern Air Lines name, assets, and associated trademarks will be retained within the transaction."
The ownership group, Eastern Air Lines Group, purchased the intellectual property, including trademarks, of the original Eastern Air Lines in 2009, and announced in early 2014 that it had filed an application with the United States Department of Transportation for a certificate of public convenience and necessity, which would be followed by certification with the Federal Aviation Administration. On May 28, 2015, Eastern launched charter flights with a Boeing 737-800 aircraft from Miami International Airport (MIA) to Jos Mart International Airport in Havana and back to MIA. Two days later, the airline flew as part of Honor Flight, flying 60 veterans to Ronald Reagan Washington National Airport outside of Washington, D.C. Scheduled service was planned to follow 12 to 18 months later.
On June 5, 2016, Eastern Air Lines flew the body of Muhammad Ali from Phoenix, Arizona to Louisville, Kentucky on one of its 737s.
Eastern Air Lines signed a three-year agreement in August 2015 to become the Official Airline for University of Miami Athletics. Eastern operates charter flights for some professional sports teams (Florida Panthers, San Francisco Giants, Miami Marlins, Oakland A's, Portland Timbers) and other colleges (Georgia State University, Georgia Southern University). It operates a scheduled charter operation to Cuba serving six cities. Eastern also operates charters to the Caribbean and Latin America (Dominican Republic, Venezuela, Costa Rica, Panama, Guyana, Haiti).
The new Eastern Air Lines operates from Building 5A at Miami International Airport. The building used to house the system and maintenance control centers of the original airline.
Swift Air states in regards to the acquisition of the new Eastern Air Lines, "The transaction is not a purchase of one certificate or merger of two certificates."
Eastern Air Lines is operating charter flights between Miami and Cuba, in a partnership with Havana Air. Other destinations in the Caribbean and Latin America are planned, pending contract signing.
FAA certification is expected 12 to 18 months after charter operations began. Once certified, the airline will commence scheduled operations. Eastern plans to maintain its focus on the Caribbean and Latin America.
The Eastern Air Lines fleet comprises the following aircraft (as of August 2017):
The Eastern Air Lines Group has placed orders for ten Boeing 737-800s, with the rights to purchase an additional ten 737 MAX 8 aircraft. The company announced in July 2014 that it had placed an order for 20 Mitsubishi MRJ90s, with rights to an additional 20 of the regional jet. The first used Boeing 737-800 was delivered in December 2014. It is named the Spirit of Captain Eddie Rickenbacker, after the early leader of the original Eastern Air Lines. On February 6, 2016, Eastern took delivery of its fifth aircraft, a used Boeing 737-800. This completed its first phase of aircraft acquisition.
Configuration plans call for 12 business class and 150 economy class seats in the Boeing aircraft, with room for 90 passengers in the Mitsubishi aircraft.