JO buys mesa stock as predicted

[go!ng for broke]

That website leads to a spam search engine. Thanks for trying to give everyone viruses...

Why do I pick up tracking cookies when I click Dash8drivers links?? I know they are a low risk but why? If you have to call me names or insult me go ahead. Just tell me WHY the tracking cookies on your joke links..

 

[dash8driver]

sorry, i am fresh out of names and insults. if you have any that you prefer to be called, let me know and i'll give it a shot.

 

[OB-CPO]

Word on the street (Wall Street that) is that Mesa can't pay their bills. They are in the hole every month since reducing all their express flying by 5% so far with more to come.

With no real changes, bankruptcy is assured.

 

[Cloudroller]

Upgrades went to spot 1240 out of 1600. You might have gotten a job at mesa, but you dont have the time to upgrade. Lets do the math. Get highered at 300 tt, need 1500 tt to upgrade. 1200 hours right, wrong!! Only half of your sic counts, so you need 2400 more hours. Or like at leat 3 years in the right seat. There is a down side of getting highered at 300. Or wait 8 months get 1000 tt. Need only 1000 of sic. Take 1 1/2, plus you will proably not have to go to mesa. Problem solved.

Their is a difference betwees the FAA ATP and the ICAO ATP. What you are describing is the ICAO. Back when Mesa started the Dash opreation for Delta, they had the ICAO ATP mins, they ended up waiving (after they Fcuked over the guys that could hold CA, in favor of a street hire) them because they had a hard time finding CA's. The Dash's did not leave the country so it did not matter. For the FAA ATP all you need is 1500 tt - Here is the reg if you dont believe me.

1. Accumulate flight experience (FAR 61.159).
2. Except as provided in b. and c. on the next page, you must log at least 1,500 hr. of total time as a pilot that includes at least
   1. 500 hr. of cross-country flight time
   2. 100 hr. of night flight time
      1. A person who has performed at least 20 night takeoffs and landings to a full stop may substitute each additional night takeoff and landing to a full stop for 1 hr. of night flight time, limited to not more than 25 hr. of night flight time.
   3. 75 hr. of actual or simulated instrument flight time
      1. The maximum time that may be accumulated in a flight simulator or flight training device, representing an airplane, is either
         1. 25 hr., if the training is not conducted under FAR Part 142, or
         2. 50 hr., if the training is conducted under FAR Part 142.
   4. 250 hr. of flight time as Pilot In Command [PIC] of an airplane, or as Second In Command [SIC] performing the duties and functions of a PIC under the supervision of a PIC, or by any combination of the two. This requirement must include
      1. 100 hr. of cross-country time
      2. 25 hr. of night flight time
      NOTE: Not more than 100 hr. of the total aeronautical experience requirements may be obtained in a flight simulator or a flight training device that represents an airplane, provided the experience was obtained in a course conducted under FAR Part 142.
3. A commercial pilot may credit the following flight time toward the 1,500 hr. of total pilot time.
   1. SIC time, provided the time is acquired in an airplane, under one of the following conditions:
      1. Required to have more than one pilot flight crewmember by the airplane's flight manual, a type certificate, or the regulations under which the flight is being conducted
      2. Engaged in operations under Part 121 or 135 for which a SIC is required
      3. Required under the FARs to have more than one pilot flight crewmember
   2. Flight-engineer time, provided the time
      1. Is acquired in an airplane required to have a flight engineer by the airplane's flight manual or type certificate
      2. Is acquired while in operations conducted under Part 121 for which a flight engineer is required
      3. Is acquired while the person is participating in a pilot training program under Part 121
      4. Does not exceed more than 1 hr. for each 3 hr. of flight-engineer flight time for a total credited time of not more than 500 hr.
4. You may be issued an ATP certificate with the endorsement "Holder does not meet the pilot in command aeronautical experience requirements of ICAO," if you
   1. Credit SIC or flight-engineer time toward the 1,500 hr. total flight time requirement
   2. Do not have at least 1,200 hr. of flight time as a pilot, including no more than 50% of your SIC time and none of your flight-engineer time
   3. Otherwise meet the aeronautical experience requirements
      NOTE: The endorsement described in item c. above will be removed when you present satisfactory evidence of the accumulation of 1,200 hr. flight time as a pilot including no more than 50% of your SIC time and none of your flight-engineer time.

 

[Poahi]

Word on the street (Wall Street that) is that Mesa can't pay their bills. They are in the hole every month since reducing all their express flying by 5% so far with more to come.

With no real changes, bankruptcy is assured.

Mesa is in such financial trouble that it's stock is up $1 or so since the low. It was a nice trade but not a good investment. Management's buying binge resulted in a nice pop.