Mesa Air Group Issues Update on Contract with United Airlines, Furloughed Pilots

Dow Jones

2024-10-16

By Denny Jacob

Mesa Air Group issued updates regarding its contract with United Airlines Holdings and plans for its pilots as part of its third-quarter results.

The holding company of regional air carrier Mesa Airlines said it extended the increased block-hour rate on E-175 flying in the current United CPA through Aug. 31, 2025. It added that it agreed to accelerate the transition of the fleet to all E-175s by March 1, 2025, at United's request.

Mesa noted that the company and United remain in discussions for an enhanced CPA to support long-term profitability.

"We currently have the pilot resources to fly increased E-175 block hours, and have started the process of recalling pilots from furlough in anticipation of improved aircraft utilization," said Mesa Chief Executive Jonathan Ornstein.

Mesa in July disclosed it furloughed 12 pilots and deferred training for 41 pilot trainees due to reduced attrition among its active pilot workforce.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

October 16, 2024 07:26 ET (11:26 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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It added that it agreed to accelerate the transition of the fleet to all E-175s by March 1, 2025, at United's request. \n</p>\n<p>\n  Mesa noted that the company and United remain in discussions for an enhanced CPA to support long-term profitability. \n</p>\n<p>\n  \"We currently have the pilot resources to fly increased E-175 block hours, and have started the process of recalling pilots from furlough in anticipation of improved aircraft utilization,\" said Mesa Chief Executive Jonathan Ornstein. \n</p>\n<p>\n  Mesa in July disclosed it furloughed 12 pilots and deferred training for 41 pilot trainees due to reduced attrition among its active pilot workforce. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2024 07:26 ET (11:26 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2475969741","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475969741","pubTimestamp":1729077960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Mesa Air Group issued updates regarding its contract with United Airlines Holdings and plans for its pilots as part of its third-quarter results.The holding company of regional air carrier Mesa Airlines said it extended the increased block-hour rate on E-175 flying in the current United CPA through Aug. 31, 2025. 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It added that it agreed to accelerate the transition of the fleet to all E-175s by March 1, 2025, at United's request. \n\n\n  Mesa noted that the company and United remain in discussions for an enhanced CPA to support long-term profitability. \n\n\n  \"We currently have the pilot resources to fly increased E-175 block hours, and have started the process of recalling pilots from furlough in anticipation of improved aircraft utilization,\" said Mesa Chief Executive Jonathan Ornstein. \n\n\n  Mesa in July disclosed it furloughed 12 pilots and deferred training for 41 pilot trainees due to reduced attrition among its active pilot workforce. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 16, 2024 07:26 ET (11:26 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}