Mesa 4th quarter loss $62.2 million

[Poahi]

According to the conference call, Mesa has 250 pilots in training.

250!

That's down 50 from a few weeks ago.

 

[Turbine Pilot]

Mesa would have had a loss for the quarter even without the judgment from Hawaii. They paid out 87 million, but also took a tax write off from it (like 31 million I think it said) so it wouldn't look so bad. That is why it is not as bad as everyone thinks. Mesa still would have lost a little even for the quarter if they would not have had a to pay that money but only like 6 million. That loss would have been from the 6 million it lost at air midwest. It's just Mesa warmen' up the books to make it look better. Ha!
Here is the math,
87-31=56+6=62 Million LOSS
31 was the tax writeoff, and the 6 is air midwest's loss. Tada!

 

[Poahi]

http://phx.corporate-ir.net/phoenix.zhtml?c=78947&p=irol-newsArticle&ID=1095743&highlight=

 

[ReverseSensing]

Am I missing something? 87-62=25 So a 25mil profit if you took the hawaiian deal out right? Is your math newer than mine?

If one train is leaving Kansas City eastbound...

I wasn't taught addition and subtraction, I was taught "ball-parking." :nuts:

I should have known better than to perform public math. Always a bad idea.

 

[badlander45]

but they've never had to furlough and have the shortest upgrade times!

Never furloughed? are you sure about that?

 

[dash8driver]

Never furloughed? are you sure about that?

is this the first time you've seen a sarcastic reference to JO?

 

[badlander45]

is this the first time you've seen a sarcastic reference to JO?

Sorry need to fine tune the sarcasm detector.

 

[norskman2]

Just goes to show you that taking a job for less pay to assure job security is foolish. Look at Southwest!

Ahem! Have you LOOKED at SWA's pay rates?

 

[Way2Broke]

They are probably including pilots in the Mesa Flight school.

According to the conference call, Mesa has 250 pilots in training.

250!

That's a heck of a lot for a company like Mesa. The dumbest thing was that the speaker said "There's not a lot we can do to stop them [from leaving]."

Actually, if they didn't WANT pilots to leave, it would be insanely simple to keep a bigger portion of them:

• Not scheduling plane "camp outs".
  
• Not calling on days off.
  
• Not altering schedules several times over the course of a single day.

Pish-posh. They want pilots to leave, before they get too expensive. They just became too effective for their own good.

 

[Capi_Cafre']

You can't get blood out of a turnip!

What are Mesa guys supposed to give up???

Goodbye plywood, hellooo particle board!

 

[Ezralite]

Goodbye plywood, hellooo particle board!

I think they've had to downscale their layover arrangements slightly as well:

http://www.howardsview.com/lost/new-york-homeless.jpg

 

[Skaff]

As Andy Bernard says, "Addition by Subtraction", good luck to all the Mesa guys.

 

[j41driver]

I wasn't taught addition and subtraction, I was taught "ball-parking." :nuts:

Pretty big ball park, huh?

 

[OB-CPO]

According to the conference call, Mesa has 250 pilots in training.

250!

They want pilots to leave, before they get too expensive. They just became too effective for their own good.

The training costs associated with sending 250 pilots to training has got to be another $10MIL

 

[OB-CPO]

According to the conference call, Mesa has 250 pilots in training.

250!

They want pilots to leave, before they get too expensive. They just became too effective for their own good.

Good thing none of the check airman have quit!