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Mesa 4th quarter loss $62.2 million

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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.
 
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
 

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