Originally Posted by
pangolin
The only thing saving any if these airlines is that it’s a problem common to all.
yep:
Originally Posted by
FlyinCat
Number of parked aircraft for each regional, seen today on social media. Source is RAA.
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And even though they are just sitting there, somebody is paying parking, maintenance, and insurance on every one of them and lease payments or loans/bonds on many. As well as for sims, gates, and other costs centers that are not being gainfully employed.
And that costs big money.
And the effect is:
After severing its contract in December, Mesa will cease operating on behalf of American on 3 April 2023. It will operate its current schedule with American through 28 February, then reduce flights by half.
Ornstein has previously disclosed that Mesa was losing $5 million monthly while operating for American, which penalises Mesa for not flying enough block hours. American was also poaching Mesa’s pilots to the tune of “50 to 60 pilots a month”, he added.
During the last three months of 2022, the regional’s completion factor was just under for 98% for American and over 99% for United. “We really want to do a good job right to the last day with American,” Ornstein says.
Mesa finalised a five-year capacity purchase agreement with United on 27 December, through which United has agreed to take up to 38 Bombardier CRJ900 jets from Mesa. United is covering the cost of reconfiguring and rebranding the jets.