MESA = Enron/Worldcomm ?

[satpak77]

My opinion and gut feeling based on professional aviation experience for over 15 years, and having been an active stock investor for the same time, is that something is going on behind the scenes at Mesa which resembles Enron, Worldcomm, etc shennanigans.

http://moneycentral.msn.com/investo...rtbt=Redraw+chart&symbol=MESA&nocookie=1&SZ=0

FYI

 

[viper548]

Worldcomm and enron were admired companies (until the scandals) and that's why their collapse was a surprise. Mesa is pretty much opposite

 

[flatspin7]

Worldcom and Enron collapsed under the weight of their own questionable (understatement) finances.

Mesa will collapse simply becuase they provide an inferior product, treat their employees like hell, and saw their market share wash away.

 

[Soverytired]

"Enron"

"WMD's"

"Black Helicopters"

"Halliburton"

Look . . . all of the above definitely have their stories, but they're also grossly overplayed whenever someone wants to paint with a really broad brush and/or slander someone/something without any detailed analysis.

Running an airline (even Mesa) is an extremely complicated business. Staffing, regulatory concerns, FAA oversight, MX schedules, and so on.

There may very well be something utterly corrupt at the heart of Mesa. Or there just might be basic incompetence. But just slapping the "Enron" label on it is like slapping the "scab" label on any pilot you don't agree with.

Specificity is far more impressive and persuasive than name-calling. Here's a proper way to roast Mesa:

http://www.planebusiness.com/bestofthebanter/2008/03/07/bestof.shtml

 

[satpak77]

There may very well be something utterly corrupt at the heart of Mesa. Or there just might be basic incompetence. But just slapping the "Enron" label on it is like slapping the "scab" label on any pilot you don't agree with.

Putting the Enron label on something possibly utterly corrupt in its heart (your words) is quite appropriate, and its not of imcompetence, nor was that of Enron. Enron's (and Mesa's) upper management were the Smartest Guys in the Room, they also felt they were above everything else, to include the law, and regulators.