Tempers are flaring as airlines, unions, and even Congress point fingers at who’s to blame for the pilot shortage. Edward “Ned” Russell and Madhu Unnikrishnan discuss an innovative program at Southern Airways Express, as well as why Mesa CEO Jonathan Ornstein may have a point about foreign pilots flying into the U.S.
U.S. regional airline Mesa Air Group has a relentless focus on costs. But with major carriers trying to increase their customer satisfaction scores, Mesa will need to raise its reliability to win and retain business.
U.S. bankruptcy law is more forgiving than in many countries, which is why many airlines have had multiple iterations. Now, eight years after filing for bankruptcy, Mesa Air Group again wants to be traded on public markets. Assuming it goes forward with an IPO, it'll be interesting to see if investors return.
U.S. bankruptcy law is funny, right? Less than a decade ago, Mesa Air Group filed for bankruptcy and investors lost out. But now the airline, with the same CEO, wants investors to give it another chance. Will they bite? Or do they have long memories?