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Impact of Mesa's injunction on Delta

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That's not true. Injunctions can actually be very easy to get...

Ask your fellow Delta pilots about the 2000 negotiations and voluntary green slips. ...

This injunction was placed because Mesa was posturing to file bankruptcy if something wasn't done.

I predict it doesn't go to trial, though. Delta will settle with Mesa for $0.50 on the dollar for the contract with the stipulation that Mesa goes away.
Well you may have put me in my place :laugh:

Good post!

Hope it will be much less than fifty cents on the dollar. I'd take half a billion a year to walk.

ASA's business with Delta was around 1.6 Billion a year at the time of the 2005 sale.
 
Like I stated above. It is just an injunction. Given the fact that they also have that little issue to deal with in HI, it made sense for them to get it. I bet that Delta does come out on top of this.
Fin you and I know that Delta's in house legal council is some of the best. I am sure that they would not have taken on a fight in this environment that they cannot win. A win is Mesa going away, one way or another. Buy out or a total loss of their flying, it does not matter. They are a cancer that needs to be stopped.
 
What's sad is that when they settle out of court, Ornstein will be another few million richer, while the company goes kaput later...
 
That's not true. Injunctions can actually be very easy to get... it depends on the political climate and the attitude of the judge. Ask your fellow Delta pilots about the 2000 negotiations and voluntary green slips. The purpose of an injunction is to stop a arty from taking action before the court decides.

This injunction was placed because Mesa was posturing to file bankruptcy if something wasn't done. Effectively, irreparable harm would have occurred to Mesa before the facts of the case were even argued in court. In light of this, no competent judge would have allowed such, because overruling this injunction would have decided the case before it even began.

All this injunction means is that status quo must prevail until the trial. Nothing more, nothing less. I predict it doesn't go to trial, though. Delta will settle with Mesa for $0.50 on the dollar for the contract with the stipulation that Mesa goes away.
Jeez, girl, you've been coming out swinging the last couple days with some zingers of some posts...

Did you catch your man cheating on your or something? Some serious angst more than I've seen from you before.

Kinda fun to watch, though. Sick 'em! :D
 
I'm sure it can be argued that the Delta/Skywest agreement is probably the biggest and strongest of them all, and there is a catch that Delta can terminate that one if performance is not met. I can't remember what Delta has to pay Skywest if that happens, but it seems like it was $200-300 mil or something like that. I would bet the termination fee with Mesa would be a drop in the bucket in comparison. Say $100 mil maybe? That would still be MUCH cheaper for Delta in the long run, and they get rid of 35 ERJs.
 
What's sad is that when they settle out of court, Ornstein will be another few million richer, while the company goes kaput later...

Sad butt tru.....
J.O. will slither from unda his rock an walk away wif mo money....
dat sux bouyyyyyyy....
 

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