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- Dec 21, 2001
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Despite Mesa making a profit on Delta paying them not to fly and the sale of their airplanes, Mesa managed to lose 7.4 on 18 million in revenues in one quarter on 6 CRJ200's operating in Hawaii.
Mesa's management has a "zero tolerance policy that can result in dismissal" when their employees leave a door open for the TSA to find, but is tolerant of the fact they have no way to pay their debt obligations due before the First Qtr. of 09.
Hey, they say Hawaii's looking up. At $4.12 a gallon, they had better hope the only alternative to their CRJ200 is a pump boat. http://www.youtube.com/watch?v=AepyGm9Me6w
Only two analysts had questions, I'm guessing the other had to take an important call about ordering Blimpie's for lunch, or put his phone on mute to muffle the laughter in response to Ornstien's tapdance.
http://seekingalpha.com/article/91689-mesa-air-group-inc-f3q08-qtr-end-06-30-08-earnings-call-transcript?source=yahoo&page=1
Just so I can be the first on this thread, Mesa sucks!
Mesa's management has a "zero tolerance policy that can result in dismissal" when their employees leave a door open for the TSA to find, but is tolerant of the fact they have no way to pay their debt obligations due before the First Qtr. of 09.
Hey, they say Hawaii's looking up. At $4.12 a gallon, they had better hope the only alternative to their CRJ200 is a pump boat. http://www.youtube.com/watch?v=AepyGm9Me6w
Only two analysts had questions, I'm guessing the other had to take an important call about ordering Blimpie's for lunch, or put his phone on mute to muffle the laughter in response to Ornstien's tapdance.
http://seekingalpha.com/article/91689-mesa-air-group-inc-f3q08-qtr-end-06-30-08-earnings-call-transcript?source=yahoo&page=1
Just so I can be the first on this thread, Mesa sucks!
I think the other significant challenge that we face, I think most of you know particularly in the finance community, because we have a large amount of debt coming due in early part of next year and we continue to look at way to solve that rather complex issue. There are number of things that we done, the last time we had some of the bonds come due, we were able to roll them for a short period of time.
Clearly, the company does not have the money to pay those bonds, so we will have to be creative, but again we thing that it everyone’s interest income to a reasonable solution,
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