Taco Rocket
Well-known member
- Joined
- Aug 9, 2005
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Perhaps these statements will interest you. Let me know if you are unfamiliar with any of these executives' names or positions. From the 4th quarter earnings conference call:
Dan McKenzie – Next Generation Equity Research
First off a housekeeping question. Given the Mesa filing, I am wondering how that relationship changes or not for US Airways. Are there cost improvements that potentially could be passed on that is not factored in the guidance or potentially further capacity cuts or capacity could be rationalized?
Derek Kerr
Just because Mesa filed that doesn’t give us automatically any new rights to cancel, lower the cost or reduce capacity. But it does create opportunity and we are working with Mesa to see what those opportunities are and see if we can find something that is mutually beneficial to the state and to us. At the moment our contract goes out through December of 2012. It is for 38 CRJ 900’s, ten CRJ 200’s, which are the 50 seaters so we can reduce those by two per year and six Dash 8 aircraft. Worst case, nothing changes for us. But it certainly creates potentially opportunity for us with regard to either capacity and/or costs.
Dan McKenzie – Next Generation Equity Research
First off a housekeeping question. Given the Mesa filing, I am wondering how that relationship changes or not for US Airways. Are there cost improvements that potentially could be passed on that is not factored in the guidance or potentially further capacity cuts or capacity could be rationalized?
Derek Kerr
Just because Mesa filed that doesn’t give us automatically any new rights to cancel, lower the cost or reduce capacity. But it does create opportunity and we are working with Mesa to see what those opportunities are and see if we can find something that is mutually beneficial to the state and to us. At the moment our contract goes out through December of 2012. It is for 38 CRJ 900’s, ten CRJ 200’s, which are the 50 seaters so we can reduce those by two per year and six Dash 8 aircraft. Worst case, nothing changes for us. But it certainly creates potentially opportunity for us with regard to either capacity and/or costs.