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Thu, Mar 20, 2014

Aero-News: Quote Of The Day (03.20.14)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"While this was an extremely difficult decision to reach, we believe it is in the best interest of Mesa’s long term strategic objectives, particularly given the Company’s ongoing expansion of aircraft in service with United Airlines and US Airways. Mesa will be placing into service 30 EMB 175 aircraft with United beginning in June 2014, and is adding 4 CRJ-900 aircraft with US Airways in 2014, having added 9 CRJ-900s in 2013. With the significant expansion opportunities in flying large regional jets in contracted service, we are re-deploying the go! aircraft to support our existing mainland operations. An additional factor that we accounted for was the long term increase in the cost of fuel, which has more than doubled since go! began service and has caused sustained profitability to be elusive.”

Source: Jonathan Ornstein, Chairman and Chief Executive Officer, MESA Air Group. The company is abandoning its "go!" service in Hawaii as of April 1.

FMI: www.mesa-air.com

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