NOT EVEN A WEEK AFTER THE CONTRACT SIGHNED!!!!!
Northwest Airlines and Mesaba Aviation Agree to Continue Operating Avro Regional Jets
Monday February 2, 6:00 pm ET
MINNEAPOLIS & ST. PAUL, Minn.--(BUSINESS WIRE)--Feb. 2, 2004--Mesaba Aviation, a subsidiary company of MAIR Holdings, Inc. (Nasdaq:MAIR - News), announced today that Northwest Airlines has decided not to exercise the early termination clause in the Regional Jet Services Agreement covering Mesaba's Avro RJ85 aircraft. The early termination provision has now been removed from the Jet Agreement.
Northwest and Mesaba had agreed to extend the early termination period to Feb. 29, 2004, while Northwest studied the economics of the fleet. Mesaba had removed five Avros from its fleet over the past two months, at Northwest's request. Two Avros will return to scheduled service in April 2004 and the remaining three in June 2004.
"We are pleased with Northwest's decision," said John Spanjers, president and chief operating officer of Mesaba Aviation. "This is a favorable outcome for Mesaba, and we look forward to continuing our relationship with Northwest."
Northwest Airlines and Mesaba Aviation Agree to Continue Operating Avro Regional Jets
Monday February 2, 6:00 pm ET
MINNEAPOLIS & ST. PAUL, Minn.--(BUSINESS WIRE)--Feb. 2, 2004--Mesaba Aviation, a subsidiary company of MAIR Holdings, Inc. (Nasdaq:MAIR - News), announced today that Northwest Airlines has decided not to exercise the early termination clause in the Regional Jet Services Agreement covering Mesaba's Avro RJ85 aircraft. The early termination provision has now been removed from the Jet Agreement.
Northwest and Mesaba had agreed to extend the early termination period to Feb. 29, 2004, while Northwest studied the economics of the fleet. Mesaba had removed five Avros from its fleet over the past two months, at Northwest's request. Two Avros will return to scheduled service in April 2004 and the remaining three in June 2004.
"We are pleased with Northwest's decision," said John Spanjers, president and chief operating officer of Mesaba Aviation. "This is a favorable outcome for Mesaba, and we look forward to continuing our relationship with Northwest."