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letter by Mesa Mgt to the Pilot Group

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pdub20s

Well-known member
Joined
Feb 7, 2006
Posts
858
The airline industry is in a crisis. Its business model doesn't work with the current price of fuel and the existing level of capacity in the marketplace. We need to make changes in response.​

While there have been several successful fare increases, those increases haven't been sufficient to cover the rising cost of fuel. As fares
increase, fewer customers will fly. As fewer customers fly, we will need to reduce
our capacity to match the reduced demand. As we reduce our capacity, we will need fewer employees to operate the airline. Although these changes will
be painful, we must adapt to the reality of today's market to successfully
navigate these difficult times.​

Therefore, a program to phase out the more senior pilots by the end of the
current fiscal year, via retirement, will be placed into effect immediately.
Under this plan, senior pilots will be asked to take early retirement, thus permitting the retention of the new-hires who represent our future. This
program will be known as SLAP (Sever Late-Aged Pilots). Pilots who are SLAPPED will be given the opportunity to look for jobs outside the company.
SLAPPED Pilots can request a review of their employment records before actual retirement takes place. This review phase of the program iscalled
SCREW (Survey of Capabilities of Retired Early Workers). All pilots who have
been SLAPPED and SCREWED may file an appeal with upper management. This appeal is called SHAFT (Study by Higher Authority Following
Termination).
Under the terms of the new policy, a pilot may be SLAPPED once, SCREWED twice, but may be SHAFTED as many times as the company deems
appropriate.​

If a pilot follows the above procedure, he/she will be entitled to get: HERPES (Half Earnings for Retired Personnel's Early Severance) or CLAP
(Combined Lump sum Assistance Payment). As HERPES and CLAP are
considered benefit plans, any pilot who has received HERPES or CLAP will no longer be SLAPPED or SCREWED by the company.​

Management wishes to assure the younger pilots who remain on board that the
company will continue its policy of training pilots through our: Special High Intensity Training (SHI T). We take pride in the amount of SHI T
our pilots receive. We have given our pilots more SHI T than any company in this area. If any pilot feels they do not receive enough SHI T on the job,
see your Chief Pilot. Your Chief Pilot is specially trained to make sure you receive all the SHI T you can handle.​

And, once again, thanks for all your years of service with us.​
 
But really folks.....MESA is supposed to announce earnings (after delaying the announcement multiple times) tomorrow morning before the market opens.
 
im interested in the numbers tomorrow--- i mean , we all knoiw they are going to get delisted in 3.5 weeks, declare bankruptcy in under 5 weeks.

dont give a fuggin dime-- we cant go any lower!!!!!

SKIPPY
 
im interested in the numbers tomorrow--- i mean , we all knoiw they are going to get delisted in 3.5 weeks, declare bankruptcy in under 5 weeks.
The delisting can't happen until 15 Dec at the earliest even if they can't put together 10 consecutive trading days with a closing price above $1.00 between now and then.
 
Don't suggest he does that. His wife just might reply "YES. That's why we're still married." :D
 
The delisting can't happen until 15 Dec at the earliest even if they can't put together 10 consecutive trading days with a closing price above $1.00 between now and then.

It could happen sooner if the quarterly report dosen't come out. NASDAQ has also threatened de-listing for failure to file a report. I don't think they'll wait 2 more quarters to de-list somebody for failing to file a report.
 

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