Little_Bill
Boldly Going
- Joined
- Dec 10, 2001
- Posts
- 86
The Beginning??
Dear Fellow Employee
Dateline: Salisbury, Friday May 03, 2002 By: John F. Leonard, President
May 3, 2002
Dear Fellow Employee,
As a result of the economic difficulties that US Airways Group companies are experiencing, we have found it necessary to reexamine our fleet composition. The result of that effort is a decision to reduce the number of turbo prop aircraft flown by the wholly owned Express carriers.
In order to reduce our turbo prop fleet, it has been determined that we will return DHC-8 -100's as their leases expire. This means four aircraft will be returned on or about July 1. In addition, nine more leases expire on January 1, 2003 and those lessors have been notified that those aircraft are being returned. Further, the three remaining deliveries of DHC-8 -300's have been cancelled, so our fleet of -300's will remain at twelve.
These actions are indicative of the seriousness of the situation facing us. We are examining ways to become sufficiently cost competitive to upgrade our fleet in order to meet our customers' increasing expectations.
The impact on those employees directly affected will be significant. An analysis of the numbers of people impacted is underway and will be announced shortly.
I fully recognize that this departure from our previous plan is a cause for concern, but we all must adapt to the realities facing us in the current environment for US Airways Group.
Sincerely,
John F. Leonard
Dear Fellow Employee
Dateline: Salisbury, Friday May 03, 2002 By: John F. Leonard, President
May 3, 2002
Dear Fellow Employee,
As a result of the economic difficulties that US Airways Group companies are experiencing, we have found it necessary to reexamine our fleet composition. The result of that effort is a decision to reduce the number of turbo prop aircraft flown by the wholly owned Express carriers.
In order to reduce our turbo prop fleet, it has been determined that we will return DHC-8 -100's as their leases expire. This means four aircraft will be returned on or about July 1. In addition, nine more leases expire on January 1, 2003 and those lessors have been notified that those aircraft are being returned. Further, the three remaining deliveries of DHC-8 -300's have been cancelled, so our fleet of -300's will remain at twelve.
These actions are indicative of the seriousness of the situation facing us. We are examining ways to become sufficiently cost competitive to upgrade our fleet in order to meet our customers' increasing expectations.
The impact on those employees directly affected will be significant. An analysis of the numbers of people impacted is underway and will be announced shortly.
I fully recognize that this departure from our previous plan is a cause for concern, but we all must adapt to the realities facing us in the current environment for US Airways Group.
Sincerely,
John F. Leonard
