MESA adds more Jets for USAir

[the turtle]

Mesa Air Group Announces Addition of Eight 50-Seat Regional Jets to Its Revenue-Guarantee Agreement with US Airways

PHOENIX, Feb 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- Mesa Air Group, Inc. announced today it has reached a final agreement with US Airways to add eight 50-seat regional jets to its existing revenue-guarantee agreement. This amendment, which is subject to US Airways Board of Directors approval, increases the number of 50-seat regional jets under the contract with US Airways to 67. Mesa currently has 57 of its 50-seat regional jet aircraft in service with US Airways. The eight new aircraft, which will be acquired on an operating lease from a third party lessor, are expected to be placed into service starting in May of 2004. These aircraft will go into service for ten years.

"Mesa stands ready to support US Airways and its current efforts to return to profitability," said Jonathan Ornstein, Mesa's Chairman and Chief Executive Officer. "We have faith in US Airways' management and employees and are pleased to have the opportunity to expand our US Airways Express operation."

 

[RIDETHELIGHTING]

what a stupid post.

 

[Skyward]

Big deal, USair won't be around that much longer anyway.

 

[Coexclown]

Interesting how everybody Mesa flyies for is bankrupt