Northwest Asks Pinnacle to Park 15 Leased Jets
Posted on: Saturday, 1 October 2005, 12:00 CDT
By Bloomberg, AP and Staff Reports
Northwest Airlines Corp. is removing 15 regional jets from the 139-plane fleet it leases to regional carrier Pinnacles Airlines Inc. in a move that could foreshadow the shrinkage or elimination of Northwest's hub in Memphis, Tenn.
The jets will be taken out of service Oct. 31, said Eagan, Minn.- based Northwest, which is in Chapter 11 bankruptcy.
Last week, Northwest told its other regional carrier, Mesaba, which is also based in Eagan, that it will be taking back 35 of its 69-seat regional jets. Northwest plans to return the planes to leasing companies. About half the flying Mesaba has done for Northwest has been with those planes.
Northwest said it does not "anticipate any material change to its core hub structure," but it will be a smaller airline, reducing its flying by 4 percent to 5 percent in coming months. The airline said its schedules are still under review and isn't detailing its long- range plans for Mesaba and Pinnacle.
Mesaba and Pinnacle rely on Northwest for virtually all of their revenue. They have no planes of their own, leasing them from Northwest.
Source: Tulsa World
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