N826AW
Well-Known Member
I caught a little bit of the earnings call where Parker and Kirby admitted they are shopping their E190 fleet as a way to reduce capacity. Here's an article on it:
http://www.flightglobal.com/articles/2009/07/23/330101/us-airways-considers-cutting-its-e-190-fleet.html
US Airways considers cutting its E-190 fleet
By Lori Ranson
Management at US Airways has launched an evaluation of elimination its fleet of 25 Embraer E-190s through direct sales or subleases.
Today during an earnings call with analysts and investors carrier President Scott Kirby said the fleet represents roughly 2.5% of total consolidated capacity at US Airways, and cutting the fleet would give the carrier additional flexibility to reduce its available seat miles.
Kirby also explains the E-Jet represent a small sub-fleet whose elimination could also create operational gains for the carrier. The aircraft are also in demand globally, so US Airways believes getting rid of the E-Jets is something the carrier "can effectively implement from a financial perspective", says Kirby.
US Airways owns the 25 aircraft, and company chief executive Doug Parker stresses the potential cutting of E-Jets from its fleet is not to raise liquidity, but to enhance long-term profitability.
In August 2005 US Airways issued a request for proposal to regional partners Air Wisconsin, Mesa Air Group and Republic Airways Holdings to operate up to 25 E-190s once it merged with America West.
But after mainline pilot protests a transition deal was ratified by America West and US Airways pilots to limit E-190 flying to mainline operations.
http://www.flightglobal.com/articles/2009/07/23/330101/us-airways-considers-cutting-its-e-190-fleet.html