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Mesa files ch11 bankruptcy

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It was foretold by the prophecy that it would happen. God bless us.

We are not out of the woods yet, the judge still has to approve any decision made by Delta, UA or US to cx the contracts. Only then is Mesa really F'ed.
 
I hope all non wholly owned regionals and those pesky fare lowering lcc's are next. The airline industry may actually improve, and then people can get hired into better pay and possibly better work rules. There are too many airlines out there and my assumption is these are the types of carriers that should go.
 
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hmm... Mesa shares down 53% for the day, might be a little pop in the morning, anyone else buying a few thousand shares to make a quick buck?
 
hmm... Mesa shares down 53% for the day, might be a little pop in the morning, anyone else buying a few thousand shares to make a quick buck?

Generally you will lose all the stock you own when a company goes through ch11.
 

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