Mesa Air announces termination of turboprop aircraft service
Oct 30, 2009 (Datamonitor via COMTEX) --
Mesa Air Group has reported that United Airlines has exercised its early termination rights for Mesa's operation of 10 Dash-8 turboprop aircraft under Mesa's code-share agreement with United Airlines.
Mesa Air Group plans to work with United Airlines on an orderly transition plan, but, in any event, the date of exit from service is expected to be no later than April 30, 2010.
Jonathan Ornstein, chairman and CEO of Mesa Air Group, said: "We face a challenging period during the next few quarters and will strive to mitigate the impact of the termination of aircraft under our code-share agreement with United Airlines.
"The lease terms covering four of these aircraft expire on April 30, 2010, while the remaining six aircraft have lease terms beyond April 30, 2010."
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