Capt. Kevin Wilson, chairman of the Mesa Air Group (MAG) unit of the Air Line Pilots Association, International (ALPA), made the following statement following MAG’s bankruptcy filing: “While we are not surprised by the company’s bankruptcy filing, it is a sad day for all of us as MAG pilots. Our company experienced tremendous growth since it began operating in 1982. Unfortunately, the steady decline in the U.S. economy has had a tremendous impact on our partners and our company and MAG was forced to declare bankruptcy to eliminate excess aircraft. The bankruptcy process will allow our company to restructure its fleet and debt so that it meets the flying needs of our partners and remains competitive for future business opportunities. MAG has some of the lowest costs in the industry. Labor expenses are clearly not the problem, and the company indicated that they plan to honor the existing collective bargaining agreement with their pilots. The union will continue working to protect our pilots’ rights under this agreement. We have an extremely dedicated pilot group and are strongly committed to seeing our airline succeed. MAG pilots offer its partners and their customers quality service and proven performance, and we are committed to maintaining the same level of excellence for passengers traveling on our aircraft.”
About Brandy Chetsas
Brandy L. Chetsas is editor in chief at Bankrupt Company News. She joined New Generation Research, Inc. in 1998. As Director of Strategic Content, she leverages 20+ years of communications and project management experience for the distressed investing sector--with particular expertise on corporate restructurings via Chapter 11. Brandy began her career writing for a law enforcement-related publication and teaching English courses at numerous colleges in the U.S. and abroad.