Unique Original Articles » Mesa Airlines - Take a Look At These Interesting Facts
Mesa Airlines - Take a Look At These Interesting Facts
Mesa Airlines has a very colorful history going back over thirty years. It's history includes many transformations, undoubtedly more than any other company. However this is a testimonial to their ability to do well. The Mesa Group and Mesa Airlines can be used interchangeably and sometimes are by people. Mesa Group is made up of many smaller airlines, which includes Mesa Airlines. As of 2011, Mesa Group has restructured their operations after going through Chapter 11 bankruptcy. The company, due to being much leaner, is positioned to continue growing aggressively.
Mesa Airlines runs under the Mesa Air Group, which has a number of regional carriers under its belt. The Mesa Group has around three thousand air industry professionals serving in the US. The total fleet assets numbers 87 airliners flying to destinations in the US including Hawaii. They have an amazing 465 departures operating each day in almost 100 cities including Mexico and Canada. The revenue generated each year by the Air Group reaches over $1 billion, which is an amazing feat when you take into account Mesa Airlines’ background.
One plane that flew between two cities was all that Mesa Airlines had in the very beginning. After ten years they had grown to have 38 planes that took passengers to around 63 cities all over the US. They also began to trade on the stock exchange as they changed from a private company to a public one. Midwest Express Airlines and Mesa Airways agreed to a partnership of code sharing. Thanks to this agreement the airline could now charter flights out of Milwaukee, in Wisconsin. Then, in 1990, Mesa was able to gain a valuable code share partnership with United Airlines thus paving the way for the creation of United Express flying out of Denver Colorado.
For a very short period of time in January 2011, Mesa started Chapter 11 bankruptcy proceedings. The company was able to eliminate one hundred excess aircraft along with the leases for those aircraft. This was a critical move for Mesa since it allowed them to release the debt attached to those aircraft. The balance of their planes, the Dash 8 aircraft and the Bombardier CRJ200's, was also refinanced. The actions of Mesa allowed them to reduce their debts and also cut down on costs in their fleet.
When Mesa had finished the bankruptcy proceedings their finances were in good standing. Since doing this, Mesa Airways have been able to continue making a profit. To make sure that valuable people with experience are running Mesa, they have drafted in important management personnel.
los angeles party bus company
limo rental valencia
Article Source: JS2 Article Marketing
All articles are submitted by users, we take no responsibility for the content of any articles. Users have given permission for others to use these articles in exchange for credit in the form of a link back to the author's website. For removal requests please contact us at http://www.jetpackedsupport.com