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

"The additional capacity has helped us spread our costs. We've seen improvement in the operating environment in terms of load factors and fares. The numbers are such that in a normalized environment, we'd be feeling pretty good right now."

Source: Mesa Air Group Chairman and CEO Jonathan Ornstein. Mesa this week reported a fiscal second-quarter profit of $9.4 million, even after adjusting its earnings to reflect a settlement with Hawaiian Airlines over allegations of unfair competitive tactics. Mesa's go! Airlines subsidiary, which operates interisland flights in Hawaii, saw a net operating loss of $8.3 million, bringing total losses since its June 2006 launch to $34.7 million... but Ornstein believes go! is poised for a turnaround.

FMI: www.mesa-air.com