spitfire1500
Well-known member
- Joined
- Apr 8, 2005
- Posts
- 836
d328pilot said:PHOENIX - More change is expected at US Airways Express.
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[url="http://bannerads.zwire.com/bannerads/bannerad.asp?ADLOCATION=4000&PAG=461&BRD=2305&LOCALPCT=100&AREA=410&VERT=13449&NAREA=410&barnd=9271"]http://bannerads.zwire.com/bannerads/bannerad.asp?ADLOCATION=4000&PAG=461&BRD=2305&LOCALPCT=100&AREA=410&VERT=13449&NAREA=410&barnd=9271[/url] Though passengers might not notice, alliances being forged, renewed and broken in the airline industry will change which regional operator is flying for major airlines.
On Monday, the chief executive officer of Mesa Air Group, a regional carrier flying largely for US Airways and America West, said he anticipated that US Airways will end its contract in bankruptcy court and those 50-plus planes have been allocated to other airlines.
In a conference call with investment analysts on Monday, Mesa CEO Jonathan Ornstein said he expected US Airways to drop Mesa's contracts in bankruptcy court and have Air Wisconsin fly up to 70 planes as US Airways Express.
If you listened to the conference yesterday Ornstein has pretty much given USAir a sj#t (reaffirm) or get off the pot message. USAir still has control whether to reaffirm or not part or all of the Mesa fleet. There are a bunch of clauses with the Delta and United additions, that if Airways keeps a few planes Mesa can deliver to Delta and United at a slow pace.
I'm not JO's biggest fan but I will give him credit for not allowing US Air to whipsaw him like he has done to others. Why pay them 125M when he already has a contract with America West. If theres a merger Mesa will still be there and if they dont he was smart to get out of any USAir deal with them (USAir) on their own.
Besides if America West and USAir merge and fail then Mesa's exposure to this deal if all the USAir planes were on board would kill the company.