, 2022-12-19 16:02:40,
American Airlines is ending its partnership with Mesa Air Group due to concerns about the regional carrier’s ability to remain financially and operationally viable.
“One of our regional partners, Mesa Airlines, has experienced various financial and operational difficulties this year,” Kerr said in a memo obtained by FOX Business. “As a result, we have concerns about Mesa’s ability to be a reliable partner for American going forward.”
Mesa also said in a statement on Monday that it faced “ongoing unprofitable operations with American Airlines, driven primarily by higher pilot wages and block hour utilization penalties driven by the ongoing industry-wide pilot shortage.”
Kerr said American and Mesa both agreed that the best way to address these concerns was to end the agreement, which focuses on its Dallas-Fort Worth and Phoenix hubs.
|UAL||UNITED AIRLINES HOLDINGS INC.||38.43||-0.12||-0.31%|
|AAL||AMERICAN AIRLINES GROUP INC.||12.81||-0.12||-0.93%|
As Mesa and…
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