• Home
  • Hawaii Travel News
  • Travel Tips
  • Hawaii Deals
  • Culture and Events
  • Kudos
  • Featured Posts

Beat of Hawaii

Hawaii Travel News, Tips, Culture, Events, And Deals.

Go! Airlines Double Trouble

May 11, 2009 by Beat of Hawaii

goAs I’ve stated before, Go! may not be long for aviation.  Many industry analysts have questioned their ongoing financial viability. For a plethora of reasons, both those stated below and not, I suggest flying Hawaiian, Mokulele, or Island Air.

1. Go! parent sells only other off-shore venture.

Go!’s parent, Mesa Airlines, is in the process of selling its Chinese joint venture, at a loss. Mesa indicated in its SEC filing that it will receive $3.6M for the sale, which is a significant loss on its 2006 investment of $5.8M.

This divestiture bears mentioning inasmuch as it and Go! were Mesa’s only two ventures outside of its traditional North American operations.  Both have been fraught with difficulties.

2. Big loss reported today.

Go! Airlines parent Mesa has just reported a $36.7M net loss in its most recent quarter on a $100M drop in revenue.  Since I last wrote about their financial woes back in November, things appear to have gotten worse.

  • Much of the past quarter’s loss is is reported to be income tax expense related.
  • At the same time, Mesa recently disclosed that US Airways is reducing the number of Mesa planes it uses while Delta Airlines is reducing its use of Mesa planes, and remains in litigation on termination of their agreement.

Go! Airlines history in Hawaii.

Go! has been flying inter-island here in Hawaii since June 2006, using five CRJ-200 regional jet aircraft.

It has been in a virtually continual fare war since that time, first with Hawaii and Aloha, and now with Hawaiian and Mokulele.  As you may recall, Mokulele is half-owned by Mesa’s mainland competitor, Indiana-based Republic Airways.

In addition, Go! has been plagued by lawsuits over its formation with Hawaiian and Aloha, and with former flying partner Mokulele.  It has also suffered from bad public perception here in Hawaii.

The competition.

Hawaiian is the major and long-standing inter-island competitor, and currently flies 15 Boeing 717 aircraft.

Mokulele, which joined the competition last fall, operates 4 Embraer 170 aircraft.

Island Air continues to operate a small fleet of 37-seat Bombardier Dash-8 prop jets.  They are also the major carrier serving Lanai and Molokai.

 

Disclosure: We receive a small commission on purchases from some of the links on Beat of Hawaii. These links cost you nothing and provide income necessary to offer our website to you. Mahalo! Privacy Policy and Disclosures.

Filed Under: Hawaii Travel News

Get Breaking Hawaii Travel News First

Get Breaking Hawaii Travel News First

Most popular on Beat of Hawaii

  • Classless Southwest Hawaii Review: Unique In The Market Classless Southwest Hawaii Review SJC to LIH: Quirky, Unique

    53 Comments

  • Maui Visitors and Residents Square Off Starting Here Maui Visitors and Residents Square Off Starting Here

    222 Comments

  • Hawaiian Airlines First Class Review With Lie Flat Seats Stunned! Hawaiian Airlines First Class Lie-Flat Review

    75 Comments

  • $139 Flights to Hawaii Through November How Some Tourists are Ruining Hawaii Travel for Everyone

    450 Comments

  • State Confirms Hawaii Airports On Overwhelm And What To Do Why Hawaii Airports Are A Hot Mess Now

    29 Comments

  • Southwest Hawaii Getting 4 Upgrades | Should You Care? Go Big and Predatory: Southwest Hawaii And Costco

    152 Comments

Home » News » Hawaii Travel News » Go! Airlines Double Trouble

Beat of Hawaii featured in

TripAdvisor
Budget Travel
Frommer's
USA Today
NBC News
The Seattle Time
ABC News
  • Home
  • About
  • Contact
  • Subscribe
  • YouTube
  • Facebook
  • Privacy
  • Disclosures

Copyright © 2023 · Beat Of Hawaii. All Rights Reserved.

sponsored