Mesa Court Date

[ASABound]

Today will we find out what will happen with Mesa.........best of luck to all involved

 

[WMUSIGPI]

So will Mesa still suck after today???

 

[Max Q]

Mesa Sucked

 

[ASABound]

If there is anything left...rumor on the street is that Mesa will be ripped apart and doors closed with the assests to be sold to some other well established and well managed airline. We shall see ...

 

[79%N1]

Don't count on it! Maybe Freedumb goes away from Delta, but JO will lie, cheat and steal their way out of it.

 

[ASABound]

Idk. The Mesa pilots are even saying the same thing coming from their own mgmt. No matter what happens, one thing is for sure. JO's mgmt strategy and business plan are not compatible with this market and economy, especially the way this industry is evolving considering Mesa has no cash for all practical purposes. 1 of 2 things will happen, Mesa will either come out of this leaner with a new mgmt strategy in place that will run a profitable, on time, and reliable airline or the assets will be sold off. Airlines either grow or shrink to nothing and then die. There is no in between, especially when you have no cash. Besides what Mainline partner would ever get in bed with JO again ? Jo's inability to run an airline is as evident to us all now as is Tiger Woods secret life. I hate it for the families and employees involved, however the reality is that Mesa is no longer a real player...

 

[Abernathy]

I heard J.O. and Glenn Tilton had an "awkward" but "nevertheless pleasurable" experience last night.

 

[ASABound]

Tilton is no longer mgmt, so JO can get in bed with him all he wants

 

[TapitLight]

Not the official deal yet, interesting though

http://www.scribd.com/doc/30929192/SO-Ordered

 

[ex j-41]

Furthermore, Delta’s improper and bad-faith termination of the
Agreement made a bankruptcy filing by Mesa both likely and imminent.
(Paragraph 68, supra; Pls.’ Ex. 26; Hr’g Tr. 116:05-119:10). Because Mesa’s legal
and bankruptcy expenses were “proximately related to the malicious acts” of Delta,
Mesa is due to be compensated for those expenses (United Pickle, 405 N.Y.S.2d at
728, 63 A.D.2d at 893), specifically, the fees and expenses for Seabury Group and
Cadwalader, Wickersham & Taft.

Ouch, that outta hurt.