01-05-2010, 05:42 AM
FYI, Mesa filed for Chapter 11 Bankruptcy protection. Their fares were below the cost to operate. They had hoped to drive out Hawaiian as well and jack fares up as the last carrier. But Hawaiian stayed put. Mesa did not want to be exposed for trying to dominate Hawaii and force out the local airlines so they had to artificially keep fares low even when it threaten their financial viability. It backed fired.
Many do not think go! will be able to operate in Hawaii in direct competition with Hawaiian, at least not at the fares they will need to charge to just break even. Since they will have to show that they are not planning on continuing to loose money, their fares will probably be above what Hawaiian charges.
So much for all those who really thought Mesa was able to operate charging those cheap prices.
Many do not think go! will be able to operate in Hawaii in direct competition with Hawaiian, at least not at the fares they will need to charge to just break even. Since they will have to show that they are not planning on continuing to loose money, their fares will probably be above what Hawaiian charges.
So much for all those who really thought Mesa was able to operate charging those cheap prices.