Mesa has less than 55m in unresticted cash

[CFI2766]

Okay,

This seems to be news that the demise of Mesa isn't as close as we thought.

Anyone have any predictions/guesses as to when they might go into BK?

 

[Soverytired]

Whatchootalkinboutwills?
I didn't know an RJ would fly while towing a 2000lb apu.I hope the RPF predicates that at all other express carriers shall have multiple GPUs with reinforced cords. Thy taxi with 2 engines because the GPU causes alot of drag.
PBR

That would be quite droll had I typed "GPU" instead of "APU".

Sadly, I didn't. I never type errors, dorn't ewe no?

 

[PBRstreetgang]

That would be quite droll had I typed "GPU" instead of "APU".

Sadly, I didn't. I never type errors, dorn't ewe no?

Psssst...
I was makin' fun of messa's APU deferral program, and ensuing GPU useage!
PBR

 

[topdawg]

Okay,

This seems to be news that the demise of Mesa isn't as close as we thought.

Anyone have any predictions/guesses as to when they might go into BK?

Their only bailout this QTR was the $52 million Hawaiian settlement. They already bonded $90 million so they got $38 million back. They posted a $9 million profit so that really gave them a $29 million loss. The settlement was their only saving grace, so when next QTR's numbers come out expect huge losses followed by Chapter 11, then shortly after Chapter 7.

 

[redflyer65]

I especially liked when they asked him how much cash was on hand. He said he wouldn't answer that question and kind of laughed.

Nice.