Chautauqua Airlines, a US Airways Express carrier based in Indianapolis, Pittsburgh, and LaGuardia has announced a codeshare agreement with TWA.
TWA Regional Jet Service to Begin in 2000
New 10-Year Agreement With Chautauqua Airlines Will Expand TWA's Presence In U.S. Air Travel Marketplace
Trans World Airlines, Inc. (Amex: TWA - news) will launch regional jet (RJ) operations with marketing partner Chautauqua Airlines by the summer of 2000 as a result of a definitive 10-year agreement between the two airlines.
As a part of the agreement, Chautauqua Airlines will operate at least 15 Embraer 145 regional jet aircraft, which seat 50 passengers in a single-class configuration, with an option for an additional 15 aircraft. All 15 firm ordered aircraft will be in service by the fourth quarter of 2001.
``This first RJ agreement is a major step forward for TWA,'' said TWA President and Chief Executive Officer William F. Compton. ``It will enable us to greatly expand service under the TWA flight code. Both Chautauqua Airlines and the Embraer 145 will be great additions to TWA's market presence.''
The agreement calls for Chautauqua to adhere to specific levels of operational reliability, using TWA's SCORE program (Safe, Clean, On time, Reliable and Efficient) as a guide and providing for incentives to be paid to Chautauqua for exceptional operational performance.
Jack Stelzer, TWA senior vice president-planning, said, ``Chautauqua is a leading U.S. regional carrier with a respected executive leadership, a high-quality operation and aggressive plans for future growth, all qualities in which TWA believes.''
``The 50 passenger regional jet is rapidly changing the face of air transportation in the United States,'' said Bryan K. Bedford, President and Chief Executive Officer of Chautauqua Airlines and its parent company Wexford Air Holdings, Inc. ``The addition of these aircraft to TWA's hub in St. Louis will have a significant, positive impact on TWA and the communities they serve.''
TWA will coordinate joint marketing and advertising programs with Chautauqua, and TWA Aviators® frequent flyer program members will earn mileage for each Trans World Express/Chautauqua Airlines RJ flight.
The new agreement supplements Trans World Express and Trans World Connection turboprop service at Lambert/St. Louis International Airport and at New York's John F. Kennedy now operated by Trans States Airlines. Trans States operates some 150 daily flights at Lambert. TWA recently announced an expansion of its relationship with Trans States that will establish Trans World Connection service on the U.S. west coast, feeding turboprop flights from
several points into TWA departures at Los Angeles, San Diego and San Francisco.
In addition, TWA recently announced a new marketing agreement with Gulfstream Airlines to provide Trans World Connection regional service from several points in the Caribbean basin into and out of TWA's new Focus City in San Juan, Puerto Rico, which began operations this week.
Chautauqua Airlines, with hubs in Indianapolis and Pittsburgh, was acquired in May 1998 by investment funds organized and managed by Wexford Management LLC, a Greenwich, Connecticut based diversified investment company. Chautauqua operates a fleet of 33 turboprop aircraft operating 240 daily flights to 26 communities in the northeast and Midwest.
TWA flies approximately two million passengers per month on more than 820 daily flights to 100 destinations (including seasonal service) in North America, the Caribbean, Europe and the Middle East. Frequent Flyer magazine/J.D. Power and Associates recently ranked TWA the number one airline in frequent traveler satisfaction for short flights, meaning domestic flights of less than 500 miles, in 1999. TWA's web site can be accessed at www.twa.com .