Posted on Wed, Jan. 26, 2005
US AIRWAYS
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FLYING STANDBY | Mesa looks at Plan B
Mesa Air Group Inc., which operates 59 jets for US Airways under the name US Airways Express, said Tuesday it is working on contingency plans in case the airline goes under. In a conference call with analysts, CEO Jonathan Ornstein praised US Airways for its progress in cutting labor costs but said he's concerned about the future.
"This is something that should have been done years ago," he said. "... The question is, is it too little too late?"
Ornstein said Mesa is not inclined to offer US Airways major concessions in its contract but would instead take a "very conservative approach" in negotiations with the airline.
If US Airways folds, Mesa would likely reduce the size of its fleet, although it is also in discussions with other carriers about flying routes that they might add, he said. -- TONY MECIA
US AIRWAYS
http://www.charlotte.com/images/common/spacer.gif
FLYING STANDBY | Mesa looks at Plan B
Mesa Air Group Inc., which operates 59 jets for US Airways under the name US Airways Express, said Tuesday it is working on contingency plans in case the airline goes under. In a conference call with analysts, CEO Jonathan Ornstein praised US Airways for its progress in cutting labor costs but said he's concerned about the future.
"This is something that should have been done years ago," he said. "... The question is, is it too little too late?"
Ornstein said Mesa is not inclined to offer US Airways major concessions in its contract but would instead take a "very conservative approach" in negotiations with the airline.
If US Airways folds, Mesa would likely reduce the size of its fleet, although it is also in discussions with other carriers about flying routes that they might add, he said. -- TONY MECIA