(WMC-TV) - Mayor A C Wharton is expressing concern over rumors that Pinnacle Airlines may be looking for a one-way ticket out of Memphis.
Last week, Action News 5 reported that officials with the Minneapolis-St. Paul International Airport are courting the Memphis-based airline during their bankruptcy restructuring.
The city of Memphis spent a lot of money and did a lot of recruiting to land Pinnacle Airlines in their downtown office less than two years ago.
Filing for bankruptcy opens up different possibilities for the airline.
l remember the city spent a lot of money and did a lot of recruiting to land Pinnacle in their downtown office less than two years ago.
And filing for bankruptcy actually opens up different possibilities for the airline.
"The reason is once you get into bankruptcy court they have the power to void contracts or whatever," said Mayor Wharton.
A spokesman for Pinnacle Airlines said they are examining every aspect of the business to find efficiencies.
And Mayor Wharton says the city will do what it can to help.
"They're a valued company and we want to keep them here, we're taking it seriously," said the mayor.
When asked about a possible move, a Pinnacle Airlines spokesperson responded in a written statement:
"We currently don't have any plans to move but every opportunity to reduce cost must be and will be considered."