American Airlines, Mesa Air end partnership
, 2022-12-19 16:02:40,
Archer co-CEO Adam Goldstein details his company’s latest endeavor to create America’s first flying taxi on ‘Varney & Co.’
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.”
American Eagle Bombardier CRJ-900ER aircraft seen at Phoenix Sky Harbor International Airport. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) (Alex Tai/SOPA Images/LightRocket via Getty Images / Getty Images)
US BID TO KILL AMERICAN-JETBLUE PARTNERSHIP GOES TO JUDGE
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.
THE BLEISURE TRAVELER—COMING TO THE RESCUE OF AIRLINES EVERYWHERE
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| 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…
,
To read the original article from news.google.com, Click here
Private Internet Access gives you unparalleled access to thousands
of next-gen servers in over 83 countries and each US state. Your
VPN experience will always be fast, smooth, and reliable.
