Looks like UAL is caving to Gov't pressure and cancelling its non-binding MoU with MESA for services out of IAD (related to proposed ACA buyout). Everyone knows UAL was GUILTY of manipulating its puppet MESA. I am sure Orenstein is crestfallen!!!! Hopefully this will improve the chances of Independence Air starting up on time.
Check out article below:
UAL Ends Non-Binding MoU With Mesa Related to Mesa's Proposed Acquisition Of ACA
Monday December 22, 5:16 pm ET
United Remains Committed to Dulles Hub and Providing Competitive Fares And Full Schedule of Flights for Washington Area Customers and Spoke Cities
Plans Developed to Maintain UAX Service at Dulles
CHICAGO, Dec. 22 /PRNewswire-FirstCall/ -- UAL Corporation (OTC Bulletin Board: UALAQ - News), the holding company whose primary subsidiary is United Airlines, today notified Mesa Airlines of United's decision to end the non-binding memorandum of understanding between the two companies regarding Mesa's proposed acquisition of Atlantic Coast Airlines Holdings, Inc. (ACA), United's current United Express contract carrier at Dulles International Airport, Washington, D.C.
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Doug Hacker, United's Executive Vice President - Strategy, said, "Given the uncertainty surrounding Mesa's consent solicitation created by the preliminary injunction issued in federal court on December 18, the Memorandum of Understanding no longer provides a good basis for the purposes of United's ongoing business planning. United remains committed to our Dulles hub and to continuing to provide reliable, high-quality service to United Express customers at Dulles and the spoke cities served. United now will focus only on our other alternatives and continue to move steadily forward in the best interests of our customers, our employees and our creditors."
ACA has made clear that it no longer wants to serve as United's contract United Express carrier at Dulles. United has developed a comprehensive plan to ensure that a full schedule of flights at competitive fares will continue to be available to United's customers at Dulles.
Hacker added, "Our discussions with the Metropolitan Washington Airport Authority concerning our facilities plan have been very positive and are continuing. As a prudent business matter, we also have completed planning for the appropriate aircraft and baggage handling capabilities to maintain United Express service intact at Dulles, should it become necessary."
United and United Express operate more than 3,300 flights a day on a route network that spans the globe. News releases and other information about United can be found at the company's web site at www.united.com .
Check out article below:
UAL Ends Non-Binding MoU With Mesa Related to Mesa's Proposed Acquisition Of ACA
Monday December 22, 5:16 pm ET
United Remains Committed to Dulles Hub and Providing Competitive Fares And Full Schedule of Flights for Washington Area Customers and Spoke Cities
Plans Developed to Maintain UAX Service at Dulles
CHICAGO, Dec. 22 /PRNewswire-FirstCall/ -- UAL Corporation (OTC Bulletin Board: UALAQ - News), the holding company whose primary subsidiary is United Airlines, today notified Mesa Airlines of United's decision to end the non-binding memorandum of understanding between the two companies regarding Mesa's proposed acquisition of Atlantic Coast Airlines Holdings, Inc. (ACA), United's current United Express contract carrier at Dulles International Airport, Washington, D.C.
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Doug Hacker, United's Executive Vice President - Strategy, said, "Given the uncertainty surrounding Mesa's consent solicitation created by the preliminary injunction issued in federal court on December 18, the Memorandum of Understanding no longer provides a good basis for the purposes of United's ongoing business planning. United remains committed to our Dulles hub and to continuing to provide reliable, high-quality service to United Express customers at Dulles and the spoke cities served. United now will focus only on our other alternatives and continue to move steadily forward in the best interests of our customers, our employees and our creditors."
ACA has made clear that it no longer wants to serve as United's contract United Express carrier at Dulles. United has developed a comprehensive plan to ensure that a full schedule of flights at competitive fares will continue to be available to United's customers at Dulles.
Hacker added, "Our discussions with the Metropolitan Washington Airport Authority concerning our facilities plan have been very positive and are continuing. As a prudent business matter, we also have completed planning for the appropriate aircraft and baggage handling capabilities to maintain United Express service intact at Dulles, should it become necessary."
United and United Express operate more than 3,300 flights a day on a route network that spans the globe. News releases and other information about United can be found at the company's web site at www.united.com .