Expected MESA shutdown?

[Metro752]

Sometimes it's better to start a fresh thread than to resurrect a much hackneyed older thead just because some random "use the search feature" Nazi said so.


:bomb: :uzi:

( I bet that you're one of those that guard the guard frequency to jump on anyone that transmits on 121.5)

No, I'm the young sounding guy who guards 121.5 from the guard guards.

NO, YOU'RE ON GUARD

similar to

NO, YOU'RE A TOWEL

 

[Fly-By-Cable]

If the Cardinals win the Super Bowl then I'd get scared. You'd have the first black president and a Cardinal's Super Bowl in the same year. Anything can happen!

don't worry pitt is gonna smash arizona

 

[DOVPILOT]

there are livelihoods at stake.

yeah right, like sleeping on a plank between seats on a standup, sleeping on coffee tables in ORD crew room, crappy work rules and a host of other SH!TTY things, that is really living. uke:

 

[Erlanger]

Mesa and the cockeroach will outlive everyone.

 

[CEO silly sap]

A more interesting situation would be the bondholders bail out Mesa on the condition that JO resign and divest from MESA and MESA HOLDINGS.

Ah the sound rings in the ears of many.

 

[Raoul Duke]

You are 100% incorrect about this. I know for a FACT that DL's contract with Mesa stipulates that a change of ownership or Bankruptcy is immediate terms for cancellation of the contract with no penalty or notice.

I am not saying it is not in the contract, I am saying bankruptcy law says those provisions are not enforceable. Think about it, every contract would say that and it would make bankruptcy laws meaningless.

 

[Salukipilot4590]

Mesa and the cockeroach will outlive everyone.

Truer words have never been spoken brah!

Honestly I predict that not only will they stay around but they will be hiring not too long ago.

 

[rickair7777]

I am not saying it is not in the contract, I am saying bankruptcy law says those provisions are not enforceable. Think about it, every contract would say that and it would make bankruptcy laws meaningless.

You are completely confused. Being in BK allows you to void contracts which cause YOU to have an obligation to another party...ie if you have a long-term contract with a hotel or fuel vendor you can void it. Or a pilot contract...

YOU being in BK does NOT void contracts you have with YOUR customers...BK cannot force YOUR customers to keep doing business with you under terms to which they never agreed.

All regional lift contracts have a BK void clause, and a BK regional cannot selectively delete the BK void clause but chose to keep that part of the contract which requires that your customer to pay you!

Again...BK allows you to get out of paying people whom you owe money to, or get out of contracts which would require you to pay money to other people. It does NOT force anyone to pay YOU money.

 

[Flyerdan]

You are completely confused. Being in BK allows you to void contracts which cause YOU to have an obligation to another party...ie if you have a long-term contract with a hotel or fuel vendor you can void it. Or a pilot contract...

YOU being in BK does NOT void contracts you have with YOUR customers...BK cannot force YOUR customers to keep doing business with you under terms to which they never agreed.

All regional lift contracts have a BK void clause, and a BK regional cannot selectively delete the BK void clause but chose to keep that part of the contract which requires that your customer to pay you!

Again...BK allows you to get out of paying people whom you owe money to, or get out of contracts which would require you to pay money to other people. It does NOT force anyone to pay YOU money.

It sounds like you know what you are talking about but does that necessarily mean Mesa's customers would automatically dump them if they are still the cheapest out there?

 

[Salukipilot4590]

It sounds like you know what you are talking about but does that necessarily mean Mesa's customers would automatically dump them if they are still the cheapest out there?

Well they might based on stability and confidence.

 

[jeroom]

I see this discussion over and over again and I always wonder why people think Mesa would just shut down and liquidate without first going into bankruptcy. Isn't it more likely that Mesa would go into bankruptcy, restructure, and then continue as a somewhat smaller company?

I see greed at an employee level in those discussions if you ask me... (like: Am I going to benefit from the MESA demise??)

 

[CX880]

Mesa will be gone before spring. I'm saying this because JO is not doing anything about the fact that they keep losing money, nevermind their lawsuits and cash problems. Hopeing to limp by with Delta money is not a strategy. I'm thinking March of 09, you heard it here first! Bankruptcy is not an option because most likely it will lead to liquidation.

 

[rickair7777]

It sounds like you know what you are talking about but does that necessarily mean Mesa's customers would automatically dump them if they are still the cheapest out there?

Under normal circumstances the codeshares would not necessarily fire mesa just because they went into Ch.11.

But under the current circumstances, everyone is trying to dump capacity...a mesa BK would simply create an opportunity to do so painlessly via the BK clause.

I'm certain DAL would dump them (duh), I'm pretty sure airways would, and UAL might also. It would only take one of the three to put an end to this saga.

Airways might want to keep the 900's...so they might fire them and then re-negotiate some deal to keep the 900s only. Maybe.

 

[Broke in CVG]

I see greed at an employee level in those discussions if you ask me... (like: Am I going to benefit from the MESA demise??)

Under the current conditions, no one will really benefit short term with Mesa being liquidated as all UAL, DL & USAir are looking to reduce capacity. Most of Mesa's flying would probably not be replaced.

However, it might mean that other Regionals wouldn't have to bear the brunt of further capacity cuts.

 

[Metro752]

Airways might want to keep the 900's...so they might fire them and then re-negotiate some deal to keep the 900s only. Maybe.

Get rid of all the 900s!

 

[Mach]

Mesa will never die. It sold its soul to the devil.

 

[CX880]

Mesa will never die. It sold its soul to the devil.

That means they have 3 wishes, they've already used some for aloha, de-listing and the bonds. Delta is to go.

 

[laserman2431]

Let's hope it works out for all. MESA bashing aside, there are livelihoods at stake.

This is true. I have never felt animosity toward the Mesa pilots. They are just trying to eke out a living in this mess like the rest of us. However, I will not pity them if they do find themselves out of a job. They know the deal.

Also, I could possibly benefit from Mesa biting the dust. I do not feel bad about hoping for that outcome. I admit right here that I check their stock price every day and I actively wish the company will go out of business. Its nothing personal against their pilots. I hope the company dies and I will personally benefit from it.

 

[ePilot22]

Under the current conditions, no one will really benefit short term with Mesa being liquidated as all UAL, DL & USAir are looking to reduce capacity. Most of Mesa's flying would probably not be replaced.

However, it might mean that other Regionals wouldn't have to bear the brunt of further capacity cuts.

I think Great Lakes would benefit. They have more routes to fly than aircraft to fly them. When MESA goes to liquidate Lakes can pick those 1900s up for cheap. They'll continue to grow flying the EAS routes. And I don't see USAir or UAL reducing all the flying that MESA does, so some regionals would get additional flying.






eP.

 

[lowlycfi]

I think Great Lakes would benefit. They have more routes to fly than aircraft to fly them. When MESA goes to liquidate Lakes can pick those 1900s up for cheap. They'll continue to grow flying the EAS routes. And I don't see USAir or UAL reducing all the flying that MESA does, so some regionals would get additional flying.






eP.

You do know that Air Midwest is no longer around, right?