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Old 10-08-2007, 06:27 PM   #1  
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Default Mesa Takes Delivery of CRJ-900

Mesa Air Group Takes Delivery of First Delta Connection CRJ-900

PR NEWSWIRE
Posted: 2007-10-05 08:10:18
PHOENIX, Oct. 5 /PRNewswire-FirstCall/ -- Mesa Air Group, Inc. (Nasdaq: MESA) today announced the arrival on September 28 of the first of 14 seventy six seat Bombardier CRJ-900 Next Generation aircraft scheduled to be operated for Delta Connection by its wholly owned subsidiary, Freedom Airlines. The operation of these new aircraft was announced in March 2007 and represents an expansion of the agreement that was already in place between Mesa Air Group and Delta Air Lines.

"We are delighted Delta has given us the opportunity to expand our partnership," said Mesa Air Group Chairman and CEO, Jonathan Ornstein. "Once all 14 aircraft are delivered, we will operate a total of 50 aircraft under the Delta Connection banner. Mesa is also the only regional airline to operate this type of aircraft for two major airline partners. We believe our industry leading low costs and commitment to service will allow us to continue to expand our operations with existing partners as well as develop new partnerships in the future."

The first aircraft, registered N600LR, arrived last Saturday and is configured with 12 First Class and 64 Coach Class seats. The first two aircraft will begin revenue service on November 1, 2007 and will operate in the New York, JFK and Dallas, Fort Worth market. The remaining 12 aircraft are scheduled to be delivered over the next 16 months.

"I would like to thank all our Freedom employees whose hard work and commitment to great customer service has contributed to the growth and strength of our relationship with Delta and the arrival of these exciting new CRJ-900s", said Freedom Airlines President, Jorn Bates.

The CRJ-900 NextGen aircraft has an enhanced interior including energy efficient LED lighting, larger cabin windows, redesigned ceiling and sidewall panels, and larger overhead luggage bins.

Freedom currently operates 36 Embraer 145LR, 50 seat aircraft with over 200 daily flights for Delta Connection under separate agreements.

Mesa currently operates 185 aircraft with over 1,100 daily system departures to 184 cities, 45 states, the District of Columbia, Canada, the Bahamas and Mexico. Mesa operates as Delta Connection, US Airways Express and United Express under contractual agreements with Delta Air Lines, US Airways and United Airlines , respectively, and independently as Mesa Airlines and go!. In June 2006 Mesa launched inter-island Hawaiian service as go!. This operation links Honolulu to the neighbor island airports of Hilo, Kahului, Kona and Lihue. Mesa is a partner of Shenzhen Airlines in Kunpeng Airlines which operating regional jet passenger services in the People's Republic of China. The Company, founded by Larry and Janie Risley in New Mexico in 1982, has approximately 5,000 employees and was awarded Regional Airline of the Year by Air Transport World magazine in 1992 and 2005. Mesa is a member of the Regional Airline Association and Regional Aviation Partners.
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Old 10-08-2007, 06:31 PM   #2  
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"We are delighted Delta has given us the opportunity to expand our partnership," said Mesa Air Group Chairman and CEO, Jonathan Ornstein. "Once all 14 aircraft are delivered, we will operate a total of 50 aircraft under the Delta Connection banner. Mesa is also the only regional airline to operate this type of aircraft for two major airline partners. We believe our industry leading low costs and commitment to service will allow us to continue to expand our operations with existing partners as well as develop new partnerships in the future."
Does this industry leading low costs mean we aren't going to give our employess any better work rules or pay for the future?
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Old 10-08-2007, 08:16 PM   #3  
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What better place to give more seats too.
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Old 10-08-2007, 08:44 PM   #4  
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Oh, don't worry. There won't be anyone here to fly 'em pretty soon. And judging by the quality of applicant that is being pushed through the training department... well. There may not be a training dept. at Mesa soon either. Then with Hawaiian and Aloha knocking at the back door... yikes. It don't look good for ol' bottom feeder.
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Old 10-08-2007, 09:14 PM   #5  
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mesa is still posting a profit for the year arent they? how much longer do you give em?
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Old 10-08-2007, 09:33 PM   #6  
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mesa is still posting a profit for the year arent they? how much longer do you give em?
Ya know, I haven't been following this in the markets etc... if they are posting a profit, who knows how. Cooking the books? Look, I just don't believe that profit dealio there. Go! has been losing like crazy ($1 tickets... come on dude), we were fined by UAL earlier in the year to the tune of 30 million, and the training costs to recover pilots is surely mounting beyond 20 million. And the stock is way down. Profit? Shucks, I don't know. As for your q- ask Hawaiian and Aloha how long MAG will be around. They hold the real answers.

Something's comin' and I know what it is, and it's comin' anyway.
Roll over Bernstein.
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Old 10-08-2007, 09:38 PM   #7  
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Check it yo...

http://www.investorguide.com/stock-c...E0&ma=0&maval=
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Old 10-08-2007, 09:46 PM   #8  
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I wonder if they're flying the -900 for Dash 8 prices like they are for the 3 extra 145's they picked up for DAL.

P.S. - Cowboys pulled it off tonight so after a lot of shots of Jack when they were doing bad and even more when they won, I'm going to bed...5-0 B*TCHES!!!!
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Old 10-08-2007, 11:14 PM   #9  
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I've heard several times around the rumor-mill that XJet is doing the DAL flying out of LAX at cost...?? Is there any truth to this...

Also heard that MAG was going to lose a codeshare by this Winter...

So what's the latest and greatest on all these goings-on - I've been working too much and playing online too little.
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Old 10-09-2007, 02:44 AM   #10  
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well the posted a huge lose in Q1 due to some non-recurring expenses, but theyve posted a small profit for Q2. theyre probably keeping the numbers weak on purpose to screw with the union during negotiations
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