Originally Posted by
flycrj200
I guess US Airways figured out the JO is a big crook.
From CNBC:
Jan 13 (Reuters) - Mesa Air Group Inc: * Says received notice of US Airways Group intent to cut one CRJ-200 in January 2009, one in July 2009 and one CRJ-200 in January 2010 * Sees US Airways to continue to further cut number of covered aircraft in accordance with pact - SEC filing * Air's auditor says expressed adverse opinion on co's internal control over financial reporting because of a material weakness ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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Doug Parker has never been a fan of OJ...he inherited him. MAG loaned AWA money when they were in BK in the 90's, in exchange mesa got a long term contract. Parker has just not been able to find a way out of it yet. It expires in 2012 and has some early-withdrawal provisions for a few aircraft...which Parker has been executing like clockwork for the last several years.