Mesa files ch11 bankruptcy

[Bringupthebird]

With clapped out DHC-8's and CRJ-200 being worth scrap value, I wouldn't be surprised for a judge to see Mesa worth more to it's creditors as a going concern and deny liquidation unless petitioned to do so.

 

[rickair7777]

There are varying degrees of "deplorable," but didn't Delta, Usair, and United do that?

Senior FO's at those companies can still pull down six figures...not what it used to be, but not deplorable.

 

[Ezralite]

At least now Whornstein can start his second career as a hip hop dancer:

http://www.nytimes.com/2007/01/19/business/worldbusiness/19iht-wbspot20.4263347.html

(be sure to read the 5th paragraph)

 

[kf4amu]

With clapped out DHC-8's and CRJ-200 being worth scrap value, I wouldn't be surprised for a judge to see Mesa worth more to it's creditors as a going concern and deny liquidation unless petitioned to do so.

Big rumors at Piedmont about picking up the 6 PHX Dash 8's Mesa operates.

The Ask Piedmont questions that normally come out Sunday afternoon are being delayed until tomorrow afternoon. I wonder if there is a big announcement at Piedmont that they are getting those 6 aircraft...

 

[RJP]

This is HORRIBLE news!

 

[WSurf]

Big rumors at Piedmont about picking up the 6 PHX Dash 8's Mesa operates.

The Ask Piedmont questions that normally come out Sunday afternoon are being delayed until tomorrow afternoon. I wonder if there is a big announcement at Piedmont that they are getting those 6 aircraft...

Yea, we heard that 2 weeks ago when our President flew out to AZ for a week to sit down with US Airway Group. Guess Mesa doesn't have the money for the Heavy Checks coming up and they are willing to dump them for cheap. Who Knows.

 

[WSurf]

Popeye0537 wrote: "I may work for S^itty wages but those S^itty wages allowed my compnay to PURCHASE your's".

I hope RAH is next!

Holly Poop Balls, no he didn't?

 

[olympus593]

Holly Poop Balls, no he didn't?

Yes he did refer to the LCC section, RAH buying Midwest.

 

[WSurf]

Yes he did refer to the LCC section, RAH buying Midwest.

Well then that F'er needs a blanket party!

 

[XJWRENCH]

Was only a matter of time, esp when Paul Foley joined that ship....