Mesa Air Group Signs Landmark Agreement in China With Shenzhen Airlines
Thursday December 21, 10:00 pm ET
BEIJING, Dec. 21 /PRNewswire-FirstCall/ -- Mesa Air Group Inc. (Nasdaq: MESA - News), today signed a Joint Venture agreement with Shenzhen Airlines to create a Chinese regional airline, the name of which is yet to be determined. The new airline is expected to commence scheduled services within 12 months, initially operating 50-seat regional jets on domestic routes within the People's Republic of China. Focus cities for the new services will include Shenzhen, Beijing, Chongqing, Xiamen, Nanjing, Kunming, Dalian, Shenyang, Xian, Zhengzhou and Nanning....
...The new carrier, Beijing Airlines, expects to have 20 50-seat regional jets in service prior to the Beijing Olympic Games in 2008, growing to more than 100 planes within five years, comprising a mix of 50, 70 and 90 seat regional jet aircraft.
Flyibaby From United States of America, joined Aug 2004, 1016 posts, RR: 6 Reply 2, posted (6 years 11 months 3 weeks 14 hours ago) and read 4047 times:
Okay, how in the hell are they going to do this. Will they try and find local pilots to crew these jets, and pay them in chinese Quan half what they would make in US Dollars...or find pilots still furloughed from the majors to fill the seats in these aircraft?
777fan From United States of America, joined Jan 2006, 2441 posts, RR: 3 Reply 4, posted (6 years 11 months 3 weeks 14 hours ago) and read 4002 times:
Tough to tell what they have in store for this venture. I have no idea how they convinced the Chinese government to let them in what is normally a heavily protected market. I would imagine that if they can hang on through the olympics, they'd stand to make a pile of cash. Could it be that Mesa is slowly but surely putting the pieces together to become a major? Having roots (not routes!) in the US and China makes for an impressive set of bookends, so to speak. Very interesting, indeed.
RiddlePilot215 From United States of America, joined Oct 2003, 315 posts, RR: 0 Reply 5, posted (6 years 11 months 3 weeks 13 hours ago) and read 3934 times:
Wow.....I wanna know how Mesa pulled this one off.....They must have been doing a lot of dirty dealings with the government on this one....An American Company with significant holdings in a communist country? Oh boy...
I can already see it now...Mesa's new advertising scheme...
"Mesa Air Group...Lowering Aviation Standards: Worldwide"
God is good, all the time. All the time, God is good.
Graphic From , joined Dec 1969, posts, RR: Reply 6, posted (6 years 11 months 3 weeks 12 hours ago) and read 3909 times:
Quoting 777fan (Reply 4): Could it be that Mesa is slowly but surely putting the pieces together to become a major? Having roots (not routes!) in the US and China makes for an impressive set of bookends, so to speak. Very interesting, indeed.
Or possibly through a legal loophole shoring up a regional feed in china for an american major? Think about it, the chinese government is giving Mesa rights to fly in china, does it cover who they'll be flying for?
"Mesa Air Group Inc. -- parent of interisland carrier go! -- will become the first U.S. passenger airline to operate a joint venture to fly in mainland China.
The Phoenix-based carrier will hold a signing ceremony in Beijing today (tomorrow in China) announcing it has signed a joint venture agreement with Shenzhen Airlines to create a Chinese regional airline, the Star-Bulletin has learned."
Aloha Airlines - The Spirit Moves Us. Gone but NEVER Forgotten. Aloha, A Hui Hou!
777fan From United States of America, joined Jan 2006, 2441 posts, RR: 3 Reply 8, posted (6 years 11 months 3 weeks 12 hours ago) and read 3864 times:
Quoting Jimyvr (Thread starter): today signed a Joint Venture agreement with Shenzhen Airlines to create a Chinese regional airline, the name of which is yet to be determined
Right, but if you read the initial except (quoted above), it says that they're going to create a Chinese regional airline, vice subcontract for Shenzhen. It doesn't sound much different from any of Mesa's agreements with carriers on the US Mainland.
SkyexRamper From , joined Dec 1969, posts, RR: Reply 10, posted (6 years 11 months 2 weeks 6 days 2 hours ago) and read 3579 times:
I don't see why this deal wouldn't go through, Mesa is thinking smart for once, yes I said it...please don't hate. With the recent "opening" of china, to the private aviation world and allowing US companies to come in, Mesa stands a chance to get in the door while the market is blazing! But this is a said day to see Mesa of all airlines spreading their evil world wide.
Yes I know what I'm talking about...Mesa the broken airplanes of the regional world. Or as many refer to them as the regional HOs. *personally edited for content* hehe. Mesa has spread their busted airplanes all across our country, now they're moving onto another.
SkyexRamper From , joined Dec 1969, posts, RR: Reply 17, posted (6 years 11 months 2 weeks 5 days 3 hours ago) and read 3331 times:
If they are going for brand new airplanes I would suggest them using the ERJ-145 since Embraer just happens have a plant over there. I wouldn't be surprised if the pilots were US Ex Pats, tax free pay and probably at their current US contract.
CX Flyboy From Hong Kong, joined Dec 1999, 6448 posts, RR: 56 Reply 19, posted (6 years 11 months 2 weeks 4 days 18 hours ago) and read 3205 times:
China is on it's way to being the biggest aviation market in a few years, possibly one day bigger than the US market. It is smart for companies to get a foothold in the market now. Compare the population of the US and China. 1.3Billion people in China. only 295million in the US. Thats over 4x more in China tha the US. People in China are getting richer and the entire economy is growing very fast. Even if the Chinese aviation market turns out to be 4 times smaller per capita than the US one, it still means it will grow to match it, and although I do not have the figures, the current fleet of all the Chinese airlines combined is probably only the size of a single US major. There is HUGE potential for growth. What I do not understand is why the sceptics are being..well, sceptical!