Mesa may file bankruptcy protection

[Freight Dog]

This had nothing to do with Delta. It had all to do with that pissant operation that Mesa is running in Hawaii charging peanuts... all with the intent of driving another airline out of business because they told them they wanted nothing to do with Mesa.

All ego... ZERO business sense. Unfortunately, it is Joe Line Pilot that pays the price...

 

[rumrunner300]

......Morrons running a ship.....

Sigh.

 

[CallmeJB]

He only gave the bottom 400 pilots WARN notices and not the whole company.

In response to the argument that Mesa isn't going to close its doors because only junior pilots got WARN letters:

Won't bankruptcy protection take care of that, one way or another?

Either the WARN program goes out the window in bk, or MAG can empty its coffers to pay out required severence packages (it's not like they'll need the money anymore! All contracts will default).

But what do I know?

 

[sqwkvfr]

We've got a little office pool going....and I've got anytime from now until June 2nd.

Come on, JO! Just do it!

 

[rickair7777]

He only gave the bottom 400 pilots WARN notices and not the whole company.

You don't have to give WARN notices for BK...by definition, that gets you off the hook for most unsecured debt.

 

[Grey Ghost]

Mesa's Stock price is dropping faster than Ornstein's wife's panties!

 

[topdawg]

All Mesa Pilots Are Equal To Scabs In MY EYES

I hope every Mesa pilot ends up on the street. ****************************** bags!

 

[10nCLR]

Mesa's Stock price is dropping faster than Ornstein's wife's panties!

So is XJT's. Run! Run! Run away or the Kool-Aid man is going to stomp your ass!!!! Oh wait, um or did he already?

 

[joe_pilot]

I hope every Mesa pilot ends up on the street. ****************************** bags!

You lack professionalism. I hope you get every bit of what you deserve.

 

[79%N1]

Hate to say it, but SKYW stock is semi-plummeting too. It's lost $4/share in the past 2 or 3 days.

Mesa filing BK does not mean they are going away. Like Delta, NW, USAirways, Frontier, etc they will reduce debt, lower costs, ditch leases and keep flying....probably undercutting even more since their costs are now lower. They can go to their partners and ask for more business by offering them a cheaper product.

Meas and JO are not going anywhere.....